Accelerated Debt Payoff Calculator

Instructions: Ordered from smallest balance to highest balance, enter the name, current balance, interest rate and minimum payment amount for all of your debts (up to a maximum of 10 debts). Next, enter a monthly dollar amount you could add to your accelerated debt payoff plan. Then, click the "Calculate Results" button.

Note: If you include your mortgage in your Accelerated Debt Payoff Plan, be sure to enter only the principal & interest portion of your monthly mortgage payment (don't include monthly tax and insurance portion).

Entry Columns Calculated Columns
# Creditor Principal
Balance ($)
Interest
Rate (%)
Payment
Amount ($)
Interest
Cost
# of Pmts
Left
1
2
3
4
5
6
7
8
9
10
Enter a monthly dollar amount you can add to your debt payoff plan:
Results Principal
Balance
Interest
Rate
Payment
Amount
Interest
Cost
# of Pmts
Left
Current totals: N/A
ADP totals: N/A
Time and interest savings from Accelerated Debt Payoff Plan: