Setting a goal for paying off a mortgage, auto loan, credit card or personal loan makes good financial sense. Some loans, such as mortgage or auto loans have defined repayment periods. Others do not. 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.
Wellness category
Wellness category
Meet a Debt Payoff Goal
Information presented in the Northwest Financial Wellness Center is provided for educational purposes only and is not related to actual Northwest products or services. Northwest makes no representations as to the accuracy, completeness or specific suitability of any information presented. Information provided should not be relied on or interpreted as accounting, financial planning, investment, legal or tax advice. Northwest recommends you consult a professional for any specific guidance you are seeking.