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Calculator

PFD debt-payoff planner

Every October the dividend lands and the offers start. Before you spend it, see what it does pointed at your highest-rate balance.

Interactive · computes locally

PFD debt-payoff planner

What happens if this year’s dividend goes straight at your highest-rate balance? Set your own PFD amount — it changes every year.

$1,700
$8,000
22%
$250
Interest saved by applying the PFD
$1,928
and debt-free 1 yr 2 mo sooner
Without the PFD4 yr 1 mo · $4,158 interest
PFD applied up front2 yr 11 mo · $2,231 interest
Why this works
A lump sum against a 22% balance is a guaranteed, tax-free return — every dollar of principal gone stops accruing interest immediately.

Estimate only — assumes a fixed rate and no fees. The PFD amount varies by year; check pfd.alaska.gov. Computed in your browser; nothing is stored or submitted.

How this estimate works

The planner runs the same fixed-APR amortization twice — once as-is, once with the PFD applied to the balance up front — and shows the difference in payoff time and total interest. The dividend amount changes every year; set your own and check pfd.alaska.gov for the current figure.

Everything computes in your browser — nothing you enter is stored or submitted. Estimate only, not financial advice. For the lending traps that show up every PFD season, read PFD season: smart uses & lending traps.