Debt Payoff Goal Calculator

This calculator will compute how much you will need to pay each month in order to pay off a given debt by a selected payoff-goal date. Learn more about debt management and get a free counseling session with an experienced and certified debt counselor by filling out the form to the right.

 

Enter the principal balance owed:
Enter the annual interest rate:
Select the payoff goal month and year:
Monthly payment required to achieve payoff goal:
Number of payments between now and payoff:
Total interest cost between now and payoff: