Loan Information Loan balance? $ Interest rate? % Current monthly payment? $ Payoff goal (months)? Printer-friendly version Payoff with Current Payment Monthly Payment Total Interest Months to Pay Off Payoff with Goal Payment Monthly Payment Total Interest Months to Pay Off Chart Table Interest Paid over Repayment Term With Current Payment With Goal Payment Total Interest Submit Setting a goal for paying off a mortgage, auto loan, credit card or personal loan makes sound financial sense. Some loans, such as a mortgage or car loan have defined repayment periods. Others do not. To reach a debt repayment goal, you will 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.