Debt Investment Calculator
|
Before you go throwing darts on Wall Street, check to make sure you can't earn a higher rate of return simply by investing in your own debt! For example, if you have a credit card balance that's costing you 19% per year, and you increase your payment, you will get a guaranteed 19% return on your investment. What's more, your earnings will be tax-free! So use this JavaScript Calculator to see how much you could be earning if you increased your payment on any one of your debts.
|
Enter the principal balance owed:
|
|
Enter the annual interest rate:
|
|
Enter the current monthly payment amount:
|
|
Enter a monthly amount to add to the current payment:
|
|
|
Total interest savings (Return on investment):
|
|
Guaranteed Annual Rate of Return:
|
|
|
Debt Investment Calculator, Copyright © 2001 - 2011, Daniel C. Peterson, All Rights Reserved. Web Winder Website Services, Providing Online Calculators for Websites since 1997.
|