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Debt Calculator

Calculate your debt level. Simple step to plan for a stress-free and debt-free life.

debt calculator, retirement calculator, investing calculator, mortgage calculator

Tell us a few things about yourself, and this calculator will show you how much your monthly payment is and the total interest you will be paying.

Disclaimer: All calculations are an estimate and should only be used as a reference and for entertainment purposes only. For all financial advice, you should approach a good financial or legal adviser, who can help you understand complex issues, diagnose potential problems and take steps to plan for the future.

Using this debt payment calculator

Simple Debt Calculator helps you to calculate how much payment you need to pay on a monthly basis so that you can plan ahead for a bad debt-free life. You can be in control of your future! Plan Ahead Plan Your Future!

Note: Good Debt and Bad Debt are different and Bad Debt should be what you focus on paying off, check our articles and know the difference.

3 items to enter to get your results now:

  • Total Debt Amount
  • Interest Rate Per Year
  • Number of Months

We will help you calculate the monthly payment required for your debt payment so you can plan ahead to complete your debt payment and live the dream of having a debt-free life.

Total Debt Amount

Here you will enter the total amount you borrowed.

Interest Rate Per Year

This is the interest rate your lender, credit card company or bank is loaning you the money for. This field is Interest Rate Per Year.

If your interest rate is 5.5% per year please enter 5.5 in the field above

Note: For interest that is compounded on a monthly, quarterly, or any other time frame other than a yearly basis, this will not be accurate. This calculator is only for debt that is compounded on a yearly basis.

Number of Months

This is the period your lender, credit card company or bank is lending you the money for. This field is the total number of months you borrow.

If your debt period is 10 years please enter 120 in the field above

  • 10 years = 120 months 

Plan ahead, because your future is worth it!

Head over and try the calculator Now!

Be the Hero By Sharing

Tell your friends and family by clicking the share button. Be the one who helps them to prepare for their bad debt-free financial future by sharing this with them because you love them. Getting out of bad debt not only reduces your stress but increases your happiness, early planning is the key. And you can play a part in helping build their future too.

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