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All 8 debt calculators
Balance Transfer Break Even Calculator
Prices a credit card balance transfer against staying where you are: the interest each card charges over the whole payoff, the fee the new card takes, what the move is worth once that fee is counted, the first month it has cost you less than staying, and the balance still owed on the day the promotional rate ends. It also tabulates the saving across eleven monthly payments and eleven promotional lengths, so the part of the answer you control is separated from the part the offer decides.
DebtCredit Card Payoff Calculator
Runs a credit card balance to zero twice, once at a fixed monthly payment you choose and once at the issuer minimum stated the way the large issuers state it, as the month's interest plus a percentage of the balance with a money floor underneath, and reports the months, the interest and the total paid on each path beside what the difference is worth. Use it to see what a statement's minimum payment actually costs over its whole life and what a fixed payment buys instead.
DebtDebt Consolidation Comparison Calculator
Prices your debts as they stand against one consolidation loan, month by month, with the origination fee counted and the whole life of both routes compared. It reports both monthly payments, both total costs and the two differences, and it is built around the case where a lower monthly payment over a longer term costs thousands more in the end.
DebtDebt Payoff Avalanche vs Snowball Calculator
Runs both debt payoff orders side by side on the same money: the highest rate first, and the smallest balance first, over up to ten debts with their own rates and minimum payments. It reports what each order costs in interest, how long each takes, and the month each one clears its first debt, so the case for clearing a small debt early is a number rather than a claim, and it tabulates the payoff across a grid of extra payments and rate changes.
DebtDebt to Income Ratio Calculator
Works out both debt-to-income ratios a lender measures you by, housing as a share of gross monthly income and all debt as a share of it, and puts them against every published guideline at once. It names the strictest guideline your ratio still clears, the largest new monthly payment each guideline would admit, and how much of that room is left once a loan you are considering is counted.
DebtExtra Payment Impact Calculator
Prices two different ways of paying a debt off sooner and keeps them apart: a recurring extra every month and a single lump sum, each run as its own full schedule beside the baseline and then both together, with the months and the interest each one saves. It also reports the rate the money earns by going to the debt, which is the debt's own rate, and tabulates the interest saved across eleven sizes of extra payment and eleven rates so the diminishing return is visible rather than asserted.
DebtLoan Amortization Schedule Calculator
Works out the monthly payment on a plain amortising loan and prints the schedule it produces year by year: how much of each year's payments went to the balance, how much went to interest, and what was still owed at the end of it. It also reports the share of the first year's payments that is interest and the year in which principal finally overtakes interest, prices an optional extra monthly payment beside the schedule, and tabulates the payment across eleven rates and eleven terms so the two numbers on an offer letter can be read against each other.
DebtStudent Loan Repayment Planner Calculator
Prices a student loan on the repayment term you choose and puts the ten, twenty and twenty-five year terms beside it from the same balance and rate, so the cost of a longer plan is a number rather than a feeling. It also prices what happens before repayment starts: interest that builds up during school, a grace period or a deferment, and what it costs once it is added to the balance and begins earning interest of its own. Income-driven repayment is not modelled and the workbook says so.