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Invest in Your Debt Calculator for Answering the Age Old Question: Pay Off Debt, or Invest?

Calculator Preferences
Invest In Your Debt Calculator Sign
Invest In Your Debt Calculator

This calculator will calculate the returns on a traditional investment and then compare them with the guaranteed, tax-free returns you could earn if you used those funds to pay down high interest debt instead. The introduction includes the hidden reason we end up with high interest debt in the first place.

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Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Highest Interest Debt InfoHighest Interest Debt InfoHighest Interest Debt InformationHighest Interest Debt Information

Highest Interest Debt Information:

Determine your highest interest outstanding debt and enter its current terms in this section.

Balance:Balance owed:Current balance owed:Current balance owed:

Current balance owed:

Enter the balance owed on your highest interest rate debt. Enter as a dollar amount but without the dollar sign and any commas.

Rate:Interest rate:Annual interest rate:Annual interest rate:

Annual interest rate:

Enter the interest rate of your highest interest rate debt. Enter as a percentage, but without the percent sign (for .18 or 18%, enter 18).

Monthly pmt:Monthly payment:Monthly payment:Monthly payment:

Monthly payment:

Enter the monthly payment amount for your highest interest rate debt. Enter as a dollar amount but without the dollar sign and any commas.

Deciding Factors

Deciding Factors:

Enter the factors related your tax bracket and your preferred traditional investment. The calculator needs these factors to determine which is better, using cash assets to pay off debt or to invest them (or keep them invested) in a traditional investment.

Tax bracket:Tax bracket:Tax bracket:Tax bracket:

Tax bracket:

Enter your tax bracket (10, 15, 25, 28, 33, or 35) expressed as a percentage, but without the percent sign (for .15 or 15%, enter 15). If you're unsure as to what to enter, visit the IRS website to view the latest tax guide.

Mon invest:Monthly investment:Monthly investment amount:Monthly investment amount:

Monthly investment amount:

Enter the monthly amount you have available for investing or paying down debt. If you are only interested in a lump sum investment, leave this field blank and enter the lump sum amount in field below this one. Enter as a dollar amount but without the dollar sign and any commas.

Lump sum:Lump sum amount:Lump sum investment amount:Lump sum investment amount:

Lump sum investment amount:

If you have a lump sum of money available for investing or paying down debt, enter it here. If no lump sum is available, enter zero or leave blank. Enter as a dollar amount but without the dollar sign and any commas.

Trad ROI:Traditional ROI:Traditional investment rate of return:Traditional investment rate of return:

Traditional investment rate of return:

Enter the before-tax interest rate you expect to earn on a traditional investment where earnings are taxable. Enter as a percentage, but without the percent sign (for .15 or 15%, enter 15).

Upfront costs:Upfront invest costs:Upfront investment costs:Upfront investment costs:

Upfront investment costs:

Enter the amount of any upfront fees or commissions you will pay for a traditional investment. Enter as a dollar amount but without the dollar sign and any commas.

Annual fees:Annual acct fees:Annual account management fees:Annual account management fees (optional):

Annual account management fees (optional):

Enter the amount of any annual account management fees you will end up paying with a traditional investment. Enter as a dollar amount but without the dollar sign and any commas.

Debt earn:Debt earnings:Earnings from investing in debt:Earnings from investing in debt:

Earnings from investing in debt:

Based on your entries, this is how much you would earn from your debt investment.

Trad earn:Traditional earnings:Net earnings from traditional investment:Net earnings from traditional investment:

Net earnings from traditional investment:

Based on your entries, this would be your net earnings from a traditional investment.

If you would like to save the current entries to the secure database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Feedback AppreciatedFeedback Greatly AppreciatedYour Feedback Would Be Greatly AppreciatedYour Feedback Is Greatly Appreciated


Help and Tools

Help and Tools:

This section, which you can Unstick or Hide in the Calculator Preferences (just above the top of the calculator), contains the following tabs (content too long to fit within bordered frame can be scrolled up and down):

About: Click this tab for an introduction to the calculator.

Instructions: Click this tab for step-by-step instructions for using the calculator.

Terms: Click this tab for a list of the descriptions that are located within each popup help button (info icons).

PCalc: Click this tab for a handy "pocket" calculator you can use when you need to calculate an entry needed for the calculator.

Data: Click this tab to save a set of entries or a note in between visits. Entries and notes will be stored to your web browser's local storage (if supported by your browser of choice), meaning they can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save entries and notes between devices you can do so by subscribing to the Ad-Free Member Version.



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Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.