Debt & Loan Calculators
Credit cards, car loans, student loans and personal loans — what each one costs to carry, and which order to attack them in.
In this section
14 calculators- APR calculatorAn APR calculator that turns a quoted rate plus points and fees into the rate you are really paying, with the full cost of credit broken down.Calculate
- Auto lease calculatorSplit a car lease payment into depreciation, rent charge and sales tax, convert a money factor to an interest rate and back, and see the total cost of the lease.Calculate
- Auto loan calculatorAn auto loan calculator that works the payment from what you actually finance, price plus sales tax and dealer fees, less trade-in and deposit, with the full schedule.Calculate
- Credit card payoff calculatorA credit card payoff calculator showing how long a balance takes to clear at any payment, against the minimum, and what the difference costs in interest.Calculate
- Loan calculatorA loan calculator giving the monthly payment, the total interest, the share of every dollar that is interest, and what paying extra each month would save.Calculate
- Personal loan calculatorA personal loan calculator that shows the monthly payment, the cash you actually receive after the origination fee, and the true APR with the fee counted.Calculate
- Balance transfer breakevenIs a balance transfer worth it? Compare the interest a 0% period saves against the fee to move the balance, and find the exact fee where it stops paying.Compare
- Car loan payoff vs. investShould you pay off your car loan or invest? Find the exact return an investment must beat after tax, with both net-worth paths on the same monthly budget.Compare
- Cash back vs low APRCash back or low APR? Compare a dealer rebate plus your own loan against promotional financing, see which costs less in total, and find the rate where they tie.Compare
- Consolidation vs. paying directIs a debt consolidation loan worth it? Compare it against paying your debts down highest-rate-first on the same budget, with the origination fee counted.Compare
- Snowball vs. avalancheDebt snowball or avalanche? Compare both across all your debts on the same monthly budget, and see exactly what ordering by balance instead of rate costs.Compare
- Emergency fund vs. debtEmergency fund or pay off debt first? See what the cushion costs in interest, how many months of exposure it removes, and the price per month of cover.Compare
- Savings vs. debt paydownHigh-yield savings or pay off debt? Find the APY your debt rate forces a savings account to beat once income tax is taken, over the same horizon.Compare
- Student loan payoff vs. forgivenessPay off student loans or wait for forgiveness? Compare both on the same budget, with the forgiven balance, the tax bill it triggers and whether you can cover it.Compare
Which debt should I pay off first?
Paying the highest interest rate first, the avalanche, usually costs the least interest. Paying the smallest balance first, the snowball, clears whole debts sooner, which some people find easier to stick with. The snowball vs avalanche calculator runs both across all your debts on the same monthly budget, so you can see what the snowball’s order costs in dollars.
For a single card, the credit card payoff calculator shows how long the balance takes to clear at any payment, and what paying only the minimum costs.
When is a balance transfer or consolidation loan worth it?
When the interest it saves is more than the fee it charges. A balance transfer swaps a transfer fee for a stretch at a promotional rate, and the calculator finds the fee at which the deal stops paying. A consolidation loan is compared against paying your current debts highest-rate-first on the same budget, with the origination fee counted. To check the payment on any fixed-rate loan before you sign, use the loan calculator.
Every calculator on FinCalculate shows the formula it used, states what it assumes and links the sources behind it. How these are built.