Loan Payoff Calculator

See how to pay off your loan faster

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Debt Payoff Strategies

  • Pay more than minimum: Even small extra payments add up
  • Bi-weekly payments: Make half payments every 2 weeks (26 half-payments = 13 full payments/year)
  • Debt avalanche: Pay highest interest rate debts first
  • Debt snowball: Pay smallest balances first for motivation