Free debt acceleration tool
Business Debt Payoff Calculator
Compare your current debt schedule with extra principal payments to see the new payoff date, months saved and interest avoided.
Simple calculator
Updates liveEnter the current debt
Debt
Extra payment
Payoff logicInterest is charged monthly on the remaining balance. Extra payments are applied directly to principal after the required payment.
Advanced calculator
Full amortizationBuild the payoff strategy
Current debt
Extra principal
Target & cash limit
Advanced strategyMonthly extras, a one-time lump sum and yearly extra payments are layered onto the required payment. A separate solver calculates the payment needed for a chosen payoff period.
Payoff comparison
Selected milestonesStandard vs accelerated balances
| Month | Standard balance | Accelerated balance | Extra principal | Cumulative standard interest | Cumulative accelerated interest |
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Extra-payment sensitivity
Lump sum and yearly extra held constantPayoff at different monthly extras
| Extra / month | Total monthly payment | Payoff months | Payoff date | Total interest | Interest saved |
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Target-payoff ladder
Required payment onlyPayment needed for different payoff periods
| Target payoff | Required payment | Extra vs current | Total interest | Interest vs current schedule | Cash-flow signal |
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Accelerated schedule
Extra principal shown separatelyFull payoff schedule
| # | Payment date | Beginning balance | Interest | Required payment | Extra principal | Total payment | Ending balance |
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