True Debt Calculator

Put your money to work

Do you know what your credit card, student loan, car payment or mortgage debt are ACTUALLY costing you? You’d be surprised how many people don’t. Porte offers valuable tools like the True Debt Calculator to show you what your debt is costing you every month and over the life of the loan.

Porte App

Learn about the impact of making extra payments on your debt.


Once you understand the mountain you need to climb, Porte provides simple ways to pay down that debt with subtle lifestyle changes that can make a big difference. Learn about the impact of making extra payments on your debt. The True Debt Calculator is a simple-to-use tool that can show you how adding a few bucks to your monthly payment will save you interest…and get you one step closer to financial freedom.

Debt Information


Use the payoff calculator to see how fast you can pay off your debt and how much you could save on interest!

$
$
$
$

Total Interest Savings

$0.00

New Total Interest

$0.00

 

Original Total Interest

$0.00

 

New Total Cost

$0.00

Original Total Cost

$0.00

Total Time Savings

0 month

 

New Payoff Date

Original Payoff Date

Extra Payment Amount:

$0.00

Calculation is an estimate based on information you provided. Contact your lender directly to inquire on how extra payments will impact your loan.

Ever wondered, "What if I…"


cards no fee icon

Paid an extra $100 per month.

Adds $100 a month to your existing loan payment which adds up to:

$0.00

in interest savings

0 mo

in time savings

money icon

Gave up daily coffee purchase.

At $4.25 per drink, adds $128 a month to your existing loan payment which adds up to:

$0.00

in interest savings

0 mo

in time savings

cards no fee icon

Gave up weekly restaurant purchases

At $50 per week, adds $200 a month to your existing loan payment which adds up to:

$0.00

in interest savings

0 mo

in time savings

6 min read

7 Smart Ways to Spend Your Year-end Bonus

How should you spend your bonus? Where should your newfound extra cash go? Check out the top 7 tips for allocating your end of year bonus.

Read The Blog

signup section

Open a Porte account today and enjoy mobile banking that's built for you.

Apply for an account using the Porte app.1 No credit check required.2

credit card