Instantly Compute your Effective Interest Rate with the Calculator Below
This calculator will help you understand how to calculate the interest you’re actually paying on your debts. You’ll likely be interested in knowing the actual interest rate you pay not the stated interest rate on your outstanding loans.
To find out what percentage of your debts go to paying just interest use the calculator below (include all of your debts to see what your effective interest cost is on your next month’s payments).
Safe Money Partners and the information contained on this website is not intended to be a source of advice or credit analysis with respect to the material presented, and the information and/or documents contained in this website do not constitute tax or investment advice. Legacy Planning Associates does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.