Loan and credit card payoff calculator
Find your debt-free date and see how much an extra payment saves you.
See the full schedule
How this calculator works
Each month interest is added (APR ÷ 12) and your payment is subtracted. Any extra goes straight to principal, which cuts the interest charged every month after.
Related calculators
A calculator gives you an estimate. A licensed CPA gives you the right answer.
Use these calculators to plan, then bring your numbers to Syed Services. A licensed CPA checks your taxes, your business structure and your 2026 and 2027 plan in a free consultation, at the best price in the market.
Source: Investor.gov (SEC): Compound interest
Figures and rules on this page come from the official and published sources linked above, as of November 2026. People and numbers in the examples are made up to explain the idea. This page is general information, not tax or legal advice for your situation, and laws change; check the linked source or ask a licensed CPA before you act.
Book your free consultation.
Sit down with a licensed CPA to review your business structure and plan your 2026 and 2027 tax returns.