Eliminate Debt vs Save Calculator Payoff Debt vs Save Loan Information Interest (%): Compounding Period: Daily Weekly Bi-Weekly Semi-Monthly Monthly Quarterly Semi-Annual Annual Savings Information Expected Interest: Compounding Period: Monthly Daily Weekly Bi-Weekly Semi-Monthly Quarterly Semi-Annual Annual Tax Information Is Loan Interest Deductable: Yes No Is Savings Interest Taxable: Yes No Marginal Income Rate: Savings Tax Rate: Please fill out this form First Name* Last Name* Email* Page I Agree to Terms and Conditions Results Effective Loan Interest Rate: After Tax Loan Interest Rate: Effective Savings Rate: After Tax Savings Rate: Advertisement Save as PDF By using this calculator you agree to terms and conditions. These calculators are designed to be informational and educational tools only, and when used alone, do not constitute investment or financial advice. We strongly recommend that you seek the advice of a financial services professional before making any type of investment or deciding on your financial matters. This model is provided as a rough approximation of future financial performance. The results presented by this calculator are hypothetical and may not reflect the actual growth of your own investments. We can't take into account potential lender fees, payoff schedule can be longer than in the estimation. Mycreditcards and its affiliates are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Mycreditcards is not responsible for any human or mechanical errors or omissions.
