Debt Reduction Calculator

Plan and compare debt payoff with and without overpayments

Compare regular payments vs. overpayments to see how quickly you can pay off your debt

Amount to pay off ($)

Monthly payment ($)

Annual Interest Rate (%)

5.0%

Yearly One-off Payment (e.g., bonus) ($)

This amount will be applied at the end of each year.

Monthly Overpayment ($)

This amount will be added to your regular monthly payment to show the impact of overpayments.