Loan write-off calculator

What may be forgiven at the end.

Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18

Balance

Monthly payment

Interest rate

Years until write-off

Written off

$60,000

Total repaid

$90,000

Show in today's money

With these inputs, written off comes to $60,000 over 25 years. Total repaid works out to $90,000. The result assumes interest rate stays at 6%.

Over time · by years until write-off

Input	−10%	Now	+10%
Balance	$33,210	$60,000	$86,790
Monthly payment	$80,790	$60,000	$39,210
Interest rate	$41,028	$60,000	$82,819

Whatmakesequal

Save this set of inputs, change something, then save again to compare the outcomes side by side.

What may be forgiven at the end.

With the defaults above, written off works out at $60,000.