When you're paying down debt, increasing your monthly payment, even by a little bit, can make a big difference.
Find out how much by using this calculator and adjusting the extra amount you might pay.
When you make an extra payment toward debt, that payment goes directly to the principal amount you owe, not the interest charges. Overall, the quicker you pay down your principal, the quicker you pay off your debt while you save money by avoiding extra interest charges.
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.