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Refinance Rates for Today

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Company Loan Type APR Est. Pmt.

How much to save by getting debt-free faster

You can calculate and find out how much time and interest you will save by paying off your debts using the "Rollover" or "Accelerated Debt Payoff (ADP) " method. As you pay off each small debt, the amount freed-up is utilized to pay down the next larger debt and so on.

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

Note: If you include the mortgage into your debt Payoff Plan, be sure to put down only the values of the principal & interest portion of your monthly mortgage payment and not the monthly payments towards tax and insurance.


Calculator
# Creditor Principal Balance($) Interest Rate($) Payment Amount($) Interest Cost # of Pmts Left
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Monthly Amount you can add to your debt payoff plan ($)
Amount Saved
Principal Balance Payment Amount Interest Cost # of Pmts Left
Current totals
ADP Totals
Time and Interest savings from Accelerated Debt Payoff Plan
Summary




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