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Debt Calculator
This calculator will estimate the amount of time it will take to pay off a given debt if you are paying a monthly minimum payment. Plus, it will also tell you the Total you will pay between now and when the debt is paid off.
|
Apex Plan |
Bank Loan |
Credit
Counseling |
Do Nothing
(Pay Minimum) |
| Total Unsecured Debt |
30000 |
30000 |
30000 |
30000 |
Months To
Pay Off |
24 |
60 |
60 |
395 |
| Interest Rate |
NONE |
11% |
9% |
9% |
Extra
Interest Paid |
| Monthly Payment |
$ 675.00 |
$ 652.27 |
$ 622.75 |
Variable |
| Your Final Cost |
$ 16200.00 |
$ 39136.36 |
$ 37365.04 |
$ 93776.12 |
| Best Choice |
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