| 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. Instructions: Enter the current payment terms for any one of your outstanding debts, then enter an amount you could comfortably add to the payment. Finally, click on "Compute" to see what the return on your investment will be. |
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| Principal Balance Owed |
Annual Interest Rate |
Current Monthly Payment |
Additional Monthly Payment |
Interest Savings |
Annual Return on Investment |
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