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Debt Investment Calculator
Don't Invest Your Money Until You Try The Debt Repayment Calculator This Debt Investment Calculator could reveal how to get the best return on your money and pay down your debt too. So, before you go investing in the Stock Market or buying government savings bonds, 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 an outstanding credit card balance that's costing you 19% per year, and you increase your monthly payment, you will get a guaranteed 19% return on your investment.
What's more, your earnings will be tax-free! So use this handy debt repayment calculator to see how much you could be earning if you increased your payment on any of your debts.
Instructions: Enter the current payment terms for any of your outstanding debts, then enter an amount you could comfortably add to the payment. Finally, click on "Compute" to see what the tax-free return on your investment will be.
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