| Debt
Investment Calculator |
Before you go throwing darts on Wall Street, check to make sure
you can't earn a higher rate of return simply by investing in
your own debt! For example, if you have a credit card balance
that's costing you 19% per year, and you increase your payment,
you will get a guaranteed 19% return on your investment.
What's more, your earnings will be tax-free! So use this JavaScript
Calculator to see how much you could be earning if you increased
your payment on any one of your debts.
NOTE: Be sure to
enter "0" (zero) in any entry boxes that don't apply to you.
Also be sure that only numbers and decimal points are entered
into the fields (dollar signs and other non-numeric characters
will cause a JavaScript error).
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| Enter
the principal balance owed: |
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| Enter
the annual interest rate: |
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| Enter
the current monthly payment amount: |
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| Enter
a monthly amount to add to the current payment: |
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| Current
Payoff Term (Months): |
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| Revised
Payoff Term (Months): |
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| Time
Saved (Months): |
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| Current
Interest Cost: |
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| Revised
Interest Cost: |
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| Total
interest savings (Return on investment): |
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| Guaranteed
Annual Rate of Return: |
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