The True Cost of Carrying Debt
Every extra dollar above the minimum changes the timeline dramatically. See exactly how much faster — and how much cheaper — your debt disappears.
$25,000
%19.99
$500
$250
Minimum Only
9y 1m
Total interest: $29,152
With Extra Payment
4y 2m
Total interest: $11,785
You Save
$17,366
4y 11m sooner
Educational simulation. Single fixed-rate loan model — does not account for variable rates, promotional periods, balance transfers, or fee structures.
Related
Continue Exploring
resource
Financial Tools & Resources
Every calculator, glossary, and insight in one place — budgeting, retirement, debt, Roth, RSU tax, and more.
resource
Budget Calculator (50/30/20)
Allocate monthly take-home between needs, wants, and savings — with 10-year wealth projection.
resource
Savings Goal Calculator
Solve for the monthly contribution to hit any savings target by any date.