Are you better off paying down debt or investing?
Pay off what you owe, or invest the money and let it grow? This online tool may help.
If you have some extra funds and you’re wondering if it’s better to pay off your existing debt or invest that amount, our calculator can help you with that decision. Enter the amount you owe, the interest rate for both your existing loan and a saving rate you could receive, along with the extra amount you have. After the calculation, we’ll show results for how quickly the existing loan could be paid off versus how much you could save.