Kace Capital Advisors Kace Capital Advisors Kenny Polcari Managing Partner 2255 Glades Road Suite 219A Boca Raton, FL 33431 212-381-6194 kenny@kacecapitaladvisors.com kacecapitaladvisors.com
| |
| |
|
Debt Payoff Optimization Calculator | Debt Payoff Optimization Calculator
Paying off debt early can reduce total interest paid. Also, paying off the debts with the highest interest rates first
may reduce total interest paid. This calculator suggests one way to potentially optimize payment of your debts, by
first making minimum payments required for each debt, and then allocating any remaining dollars to debts with
the highest interest rate(s). This is compared with payments made according to your entries below.
This calculator assumes that no other amounts are borrowed (except for any negative amortization where a
monthly payment is less than the monthly interest) with respect to the debts listed.
This calculator assumes fixed interest rates and minimum payment factors that do not change. The interest
rates and minimum payment factors for some debts can change over time.
This calculator does not take into account the effect of federal or state taxes, or any fees.
Payments are assumed to be due and made at the end of each month. Actual due dates may vary for each debt.
This calculator should be used as a general guide only. Every situation is unique, and this calculator
illustrates just one possible approach to minimizing overall interest paid on your debts. Discuss the
results of this calculator with your financial professional.
|  |
| |
|
|
|
IMPORTANT DISCLOSURES
Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual's personal circumstances.
To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.
These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.
This communication is strictly intended for individuals residing in the state(s) of FL and NY. No offers may be made or accepted from any resident outside the specific states referenced. |
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2025. |
|