# Debt Payoff Calculator

This debt repayment calculator helps you to calculate how long it will take for you to pay off your debts and interests for your credit card, hire purchase and car loan. Enter the current balance owed, annual rate of interest, current monthly payment amount, number of payments to payoff the debt select the payoff goal and year into the debt payoff calculator and click calculate to find your payoff month, year, number of payments and monthly payment.

## Debt Repayment Calculator

This debt repayment calculator helps you to calculate how long it will take for you to pay off your debts and interests for your credit card, hire purchase and car loan. Enter the current balance owed, annual rate of interest, current monthly payment amount, number of payments to payoff the debt select the payoff goal and year into the debt payoff calculator and click calculate to find your payoff month, year, number of payments and monthly payment.

Code to add this calci to your website

Debt payoff/repayment can be done as Either the principal amount can be paid off at maturity period or the entire principal amount may be amortized over terms.