What Will It Take To Pay Off My Balance?

Topics:
Credit Management,
Quantitative Analysis,
Tools and Templates
Tags:
Debt,
Finance,
Financial Planning,
Financial Services,
Interest Rate,
Operational Accounting,
Payment,
Productivity
Source:
Money Management International

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Overview: This tool allows you to estimate a payoff date for a debt instrument such as a credit card or auto loan. You can include interest rate changes in the calculation. The tool shows in a graph how lower interest rates and larger payments help speed payment of the debt. The interest saved by paying off the debt sooner is also shown.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Jan 2008

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