If you’re trying to get out of debt, Money Coach Group’s debt repayment calculator can help you figure out a general estimate of how long it could take.
To fill out the calculator you will need:
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Total balance owed
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Estimated average interest rate
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Expected monthly payment
TIP: If you’re unsure what your average interest rate is across your debts, you can try running balances through the calculator separately with loan-specific average interest rates or use a broader interest rate average of 17 – 24% to give you a general idea of the amount you’re paying to borrow money.
Use our calculator to determine how long
it could take you to pay off your debt.
Check Out Our Free Financial Resources to
Help Get You Started On Your Debt Free Journey
Read our case study on how you can get out of debt just like the couple in this story.
In this Debt Relief Comparison Guide, we compare the top four popular debt relief options.
Become debt free faster with our easy-to-use tool that helps you form a plan to pay off your debts.
Break Free: How to Pay Off $60k Debt
You feel like you’re treading water barely making minimum payments on bills. Meanwhile, prices keep climbing and unexpected financial expenses feel like devastating blows. You’re ready to get out of debt – but how?
We’ll show you how someone with $60,000 in debt can become financially free to follow their dreams and build enough wealth to live a comfortable, stress-free life.