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Wondering whether to pay off a loan or put that money towards an investment? The Savings or Debt Repayment Calculator will calculate the amount of the loan remaining after putting in the savings initial amount, savings interest rate, loan amount, planned payment, and years of payment. The calculator will show your yearly amount of savings and debt. Then, it will show you the final amount of savings and debt at the end of the years. Average student loan debt currently ranges from 3% to 7%. As of June 2014, savings account provide 0.2% to 1%, bonds provide around 4%, and stocks can provide around 7%. Decide whether to pay off student loans or invest. This page is for educational purposes only, please consult a professional for financial advice. See Forbes Article on Student Loans or Retirement.