Fixed total interest
Interest is calculated once from the original balance, so the total owed is set at the beginning.
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Debt payoff calculator
Estimate your payoff date, total interest, and how an extra payment can change your plan. Your numbers stay in your browser.
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Fixed total interestFlexible simple interestFlexible compound interest
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Use the terms from your agreement. Results are an estimate, not financial advice.
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Fixed total interest is calculated once from the original balance. Daily interest follows actual days between planned payments.
$0.00
Your accelerated plan pays $400.00 each month.
Balance projection
Compare your base plan with the extra-payment plan.
Total repayment time
Total days: 879
Equivalent to 2 years, 4 months, 3 weeks, 4 days
Mar 2029
Estimated payoff
$1,553.76
Total interest
$0.00
Interest saved
Repayment schedule
Interest is calculated from the actual number of days between payments.
| Date | Payment | Interest | Balance |
|---|---|---|---|
| StartOct 4, 2026 | — | — | $10,000.00 |
| Nov 1, 2026 | $400.00 | $92.05 | $9,692.05 |
| Dec 1, 2026 | $400.00 | $95.59 | $9,387.64 |
| Jan 1, 2027 | $400.00 | $95.68 | $9,083.32 |
| Feb 1, 2027 | $400.00 | $92.58 | $8,775.90 |
| Mar 1, 2027 | $400.00 | $80.79 | $8,456.69 |
| Apr 1, 2027 | $400.00 | $86.19 | $8,142.88 |
| May 1, 2027 | $400.00 | $80.31 | $7,823.19 |
| Jun 1, 2027 | $400.00 | $79.73 | $7,502.92 |
| Jul 1, 2027 | $400.00 | $74.00 | $7,176.92 |
Page 1 of 3 · 30 schedule entries
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Track a debt in Simple Money TrackerFlexible simple interest
Interest accrues from actual days and does not itself generate additional interest.
Flexible compound interest
Interest accrues daily and capitalizes into the outstanding balance.
