Debt Calculator
Calculate interest and payoff time for multiple debts
Your Debts
Additional payment distributed across all debts
Payoff Summary
My First Debt
Payoff Time
4 years
Interest Paid
$2,162.63
Total Paid
$7,162.63
Progress
Total Summary
Total Balance
$5,000.00
Monthly Payment
$150.00
Total Interest
$2,162.63
Debt-Free In
4 years
Mortgage Calculator
Calculate monthly payments and total interest
Loan Details
20.00%
No PMI required
Additional Monthly Costs
$400.00/month
$100.00/month
Not required (20%+ down)
Payment Breakdown
Total Monthly Payment
$2,722.62
Principal & Interest: $2,022.62 • Escrow: $700.00
Loan Summary
Loan Amount$320,000.00
Loan-to-Value80.00%
Total Interest$408,142.36
Total Paid$980,142.36
Monthly Breakdown
Principal & Interest$2,022.62
Property Tax$400.00
Home Insurance$100.00
Total Monthly$2,722.62
Interest vs Principal Over Life of Loan
Interest: $408,142.36
Principal: $320,000.00