Debt Repayment

Calculate How Much Extra & How Much Longer

Welcome to our Debt Repayment Calculator! If you're looking to take control of your money and understand your debt better, you've come to the right place. This powerful tool allows you to input your total debt amount, interest rates, and monthly payments to reveal crucial insights about your repayment journey. You'll discover how long it will take to pay off your debt and the total extra amount you'll pay in interest along the way.

How Much Debt You’ll Have to Repay

With this information, you can make the best decision to manage your debt. Let’s start by entering your debt amount below.

Tool Highlights

• Default Interest Rate: Assumes 25% interest rate (standard for credit cards) but allows adjustments for accuracy.
• Debt Spiral Warning: Highlights if payments are insufficient to cover interest, ensuring better awareness.

Elimiate up to 80% of Your Debt

High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!

Write off up to 80% of your debts Reduce debts into one affordable monthly payment Stop all collections calls No interest and charges (completely frozen) Government-legislated debt relief programs

Check if you Qualify

• User Empowerment: Helps users plan repayments and make informed financial decisions.

This tool is for awareness only; users are advised to consult a debt expert for personalized advice. |

Calculator Input, Outpus and Details

Category	Field/ Output	Description
Input	Amount of Debt	The total amount owed, entered by the user.
Input	Interest Rate	Annual interest rate, defaulting to 25% (standard credit card interest rate), but adjustable.
Input	Monthly Payment Amount	The amount you plan to pay toward the debt each month.
Output	Extra Amount Paid	The total amount paid in interest over the repayment period beyond the original debt amount.
Output	Time to Pay Off	The estimated time required to repay the debt based on the current monthly payment and interest rate.
Output	Warning: “Debt Spiral”	A flag indicating whether the monthly payment is too low to cover accruing interest, leading to growing debt.
Output	Ways to Shorten Time/Amount	Recommendations to pay off debt faster and save on interest, such as increasing monthly payments.

_{This table lists the inputs, outputs and insights of the debt repayment calculator.}