Terms of Service
Acceptance of Terms
By accessing and using Payoff Path ("the Service"), you agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use the Service. We reserve the right to modify these terms at any time, and your continued use constitutes acceptance of any changes.
Service Description
Payoff Path is a free online debt payoff calculator designed to provide estimates of payoff dates, interest costs, and amortization schedules based on user-provided inputs. The calculator uses standard financial formulas to simulate monthly payment scenarios. All calculations are performed in your browser and are provided for informational and educational purposes only.
No Financial Advice
This tool provides mathematical estimates only and does not constitute financial, legal, or professional advice. Results are based solely on the inputs you provide and do not account for fees, penalties, rate changes, promotional periods, or lender-specific terms. You should always verify results against your actual loan statements and consult with a qualified financial advisor before making financial decisions.
Use at Your Own Risk
The Service is provided "as is" without warranties of any kind, either express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or non-infringement. We make no guarantee that the calculator is error-free, accurate, or reliable. You use the Service at your own risk, and we are not liable for any damages, losses, or consequences arising from your use of or reliance on the Service.
Accuracy and Limitations
While we strive to ensure the calculator functions correctly, we do not warrant that results will be accurate for your specific financial situation. Actual payoff dates and interest costs may differ due to factors such as compounding methods, billing cycles, late fees, or changes in interest rates. Always compare our estimates with official statements from your lender.
Limitation of Liability
In no event shall Payoff Path, its operators, or affiliates be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or goodwill, arising out of or related to your use of the Service, even if we have been advised of the possibility of such damages.
User Responsibilities
You are responsible for ensuring that the data you enter into the calculator is accurate. You agree not to use the Service for any unlawful purpose or in any way that could damage, disable, or impair the Service. You may not attempt to gain unauthorized access to any part of the Service or related systems.
Governing Law
These Terms of Service shall be governed by and construed in accordance with applicable laws, without regard to conflict of law principles. Any disputes arising from these terms or your use of the Service shall be resolved in the appropriate courts.