Pay off Debt or Invest?

When you're balancing savings and your debt obligations, it's often confusing which one you should focus on to get ahead financially. This calculator can help show you the answer.

Pay off Debt or Invest?

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Choosing to repay debt or invest your money depends on interest rates. If you would earn less interest on an investment than what you're being charged on a loan, it's probably best to pay off the loan to free up that money for the near future.

All calculators and tools are supplied as a courtesy only. HawaiiUSA Federal Credit Union is not responsible for the accuracy or completeness of information that you provide or information generated by the calculators. Please check your records carefully before inputting your information into the calculators or tools. All projected rates and results are estimates, are examples only, and are necessarily hypothetical in nature. No results are guaranteed. The output of the tools and calculators may vary with each use and over time. Please remember that the calculators and tools are not intended to replace the advice of qualified professionals, and you should consult with a qualified professional of your choice whenever specific advice is necessary or appropriate.