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Interest Paid To Date

How much interest you've already paid on a debt since origination.

Results

Interest paid to date
$11,200.00
Principal paid
$8,000.00
Total paid
$19,200.00
% of payments = interest
58.3%

Where your money has gone

On amortizing loans, interest dominates early payments. On revolving debt with minimum payments, 50%+ of every payment can be interest for years. Knowing how much you've already paid in interest is motivating — and sobering.

Frequently asked questions

1.Is this tax-deductible?

Mortgage interest (primary residence) and student loan interest ($2,500/yr cap) are deductible. Credit card and car loan interest is not.

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