A payoff calculator that will answer two questions simply and easily. One, how much is my payment given the loan balance, interest rate and term (number of months)? Two, how many months will it take me to pay off my loan given the loan balance, interest rate and monthly payment? By entering your balance due, the interest rate you are paying, and either the number of months you want to pay, or the amount you want to pay each month, the remaining information is instantly calculated. As a b