How to Pay off Debt

Setting a goal for paying off a mortgage, auto loan, credit card or personal loan makes good financial sense. Some loans, such as mortgage or auto loans, have defined repayment periods. Others do not. In order to pay off debt, you'll need to know what you need to pay each month. You also might want to compare it to your current repayment schedule to see how helpful reaching that goal might be.

Use this calculator to find out how to pay off your debt.


On a scale from 1 to 5, with 1 being 'Not Good' and 5 being 'Excellent', how would you rate this article?

Press enter to submit your rating

Rate this Article

Use this form to provide additional feedback based on the rating you provided.

Thanks for Rating

Would you like to provide feedback?

Thanks for your feedback!

Article provided by Fintactix

© 2015 Fintactix

The calculations provided by this calculator are based entirely on the information you enter, including any loan amount and/or interest rate. These calculations do not reflect the terms available for any Regions loans or whether you qualify for any Regions loan. Find out more about Regions loans.