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Accelerated Debt Payoff Calculator
How much money could you be saving using the "rollover" method. This is where each smaller debt is paid off, the freed-up payment amount is then applied to the next larger debt, and so on until all debts are paid off. Try it out and see how it can save you money in interest charges.

Instructions: Ordered from smallest balance to highest balance, enter name, balance, interest rate and minimum payment due amount for all of your debts MAX 10. Then, enter a monthly dollar amount you could add to your "rollover" debt payoff plan. Then "Calculate Results".

Note: If you include your mortgage in your Accelerated Debt Payoff Plan, be sure to enter only the principal & interest portion of your monthly mortgage payment (don't include monthly tax and insurance portion).

Entry Columns Calculated Columns
# Creditor Principal
Balance ($)
Interest
Rate (%)
Payment
Amount ($)
Interest
Cost
# of Pmts
Left
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Enter a monthly dollar amount you can add to your debt payoff plan:
Results Principal
Balance
Interest
Rate
Payment
Amount
Interest
Cost
# of Pmts
Left
Current totals: N/A
ADP totals: N/A
Time and interest savings from Accelerated Debt Payoff Plan:
Various Calculators