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Savings Accounts Overview Special Savings Accounts Money Market Accounts CD's & IRA's About IRA's Calc Future Value w1 Pmnt Calc Future Value w# Pmnts Calc Debt Investment
Calc Debt Investment
Before you go throwing darts on Wall Street, check to make sure you can't earn a higher rate of return simply by investing in your own debt! For example, if you have a credit card balance that's costing you 19% per year, and you increase your payment, you will get a guaranteed 19% return on your investment. What's more, your earnings will be tax-free!
Principal Balance Owed:
Annual Interest Rate%:
Current Monthly Payment$:
Additional Monthly Payment$:
Interest Savings$:
Annual Return on Investment$:
 
 
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Rite Choice Community Federal Credit Union