Debt Calculators

Determine if consolidating multiple loans is the right choice for you by using the MidFirst Debt Reduction Calculator. Debt consolidation loans allow consumers to pay off the account balances from multiple credit cards, installment loans, or other accounts with a single loan, and then to make a single monthly payment on that new loan.

One popular strategy for accelerating the payoff of a loan is to make bi-weekly payments. Under the bi-weekly plan, you'll make payments to your lender every two weeks instead of monthly, and each payment will be half of your monthly payment. Use the MidFirst Bank Make Bi-Weekly Payments Calculator to see how much money you could save by switching to bi-weekly payments.

In order to reach a debt repayment goal, you'll need to know what you need to pay each month. You also might want to compare it to your current repayment schedule to see how helpful reaching that goal might be. Use the MidFirst Bank Meet a Debt Payoff Goal Calculator to determine how much you need to pay each month so you are debt-free after a certain amount of months.

Find out how long your payment will take to pay off your credit card balance with MidFirst Bank's How Long Will It Take to Pay Off a Credit Card Calculator.

Use the MidFirst Bank Use a Lump Sum to Pay Down Debt Calculator to figure out how much money you might be able to save by making a lump sum payment.

At some point, you may receive an offer to transfer an existing credit card balance to a new card and receive a promotional interest rate for a set number of months. Are these offers worth it? Use the MidFirst Bank Credit Card Balance Transfers Calculator to determine if you should transfer your credit card balances to a new credit card or not.

If you're trying to pay down some debt, you might be wondering what the impact would be if you simply increased your monthly payment each month. Use the MidFirst Bank Increase Your Monthly Payment Calculator to determine how long it will take to become debt-free.