Pay Off Debt is a simple calculator to help you pay off your debt faster. If you have extra cash or if you are able to add money to your debt repayment, this app is for you.
Simply input your current outstanding balance, interest rate and your payment amount, and see how much interest you are paying on your loans. Input any extra amount that you can put either as a one time payment or recurring payments and see where putting your money makes sense in order to save on interest or duration of your debt repayment. This will help pay off your loans faster.
No need for complicated amortization schedules, financial advisors or guessing. Know which debt to repay first and see yourself living debt free. Use this app for what if loan scenarios, to understand interest or duration savings.
This app can be used for mortgage interest calculations, auto loan repayments, repayments of personal loans, to pay off your student loan faster as well as see the interest on your credit card debt.
Pay Off Debt and its calculations are designed to be informational and educational tools only, and when used alone, do not constitute financial advice. We strongly recommend that you seek the advice of your financial service providers before making any loan repayments. The results presented by this calculations are hypothetical and may not reflect the actual interest or duration saved or to be paid. Arriving In High Heels Corporation and its affiliates are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by this app. Arriving In High Heels Corporation is not responsible for any human or mechanical errors or omissions.