Payoff Calculator

3.9
31 reviews
5K+
Downloads
Content rating
Everyone
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About this app

A payoff calculator that will answer two questions simply and easily.

One, how much is my payment given the loan balance, interest rate and term (number of months)?

Two, how many months will it take me to pay off my loan given the loan balance, interest rate and monthly payment?

By entering your balance due, the interest rate you are paying, and either the number of months you want to pay, or the amount you want to pay each month, the remaining information is instantly calculated.

As a bonus, the calculator displays the amount of interest you paid over the life of the loan. Hint, the faster you pay off your loan the smaller this figure will be - always a good thing.

Whether you are using a small phone or a large tablet the application scales beautifully. It contains an always available key pad with large keys making entering data quick and easy as well as providing simple and swift navigation between fields.

Use the calculator to quickly determine how best to payoff credit card debt, car loans, bank loans, house mortgages, furniture loans or other loans.
Updated on
Jan 24, 2024

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Ratings and reviews

3.8
29 reviews
A Google user
February 20, 2019
Needed a calculator to show total interest paid that didn't require months but allowed to use payment amounts. Also, this calculator doesn't try to keep track of your payments or require banking information.
10 people found this review helpful
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Alicia reisen
July 26, 2022
Simple and user friendly app for mortgage paying off calculator. I installed a fair few before finding this one, pick of the lot.
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W G
March 11, 2021
Easy-to-use, and straightforward.
1 person found this review helpful
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