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Interest Rate%
If you have a variable interest loan or any other non-traditional mortgage please estimate the average interest rate. Absolute precision is not required to get very good estimate for when you will be out of your debts. The DebtMD system will work the same regardless of your interest rates. If you are a subscriber to DebtMD you can rework your plan with new interest rates at any point in time.


Current Balance$
This is the principle left to pay on your mortgage.


Minimum Payment$
Please input the minimum payment for your mortgage only. Do not include the part of your payment which you may count towards things like property taxes, school taxes, or insurance. More often than not your montly payment will include these payments towards an escrow account which is used to pay for these things. If you are not sure please consult your monthly statement or ask your lender.




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