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.
Ready to Say Goodbye to Debt Sooner?
You’re ready to get out of debt – but how? Minimum payments and climbing prices make it feel like you’re treading water.
We’ll show you how a typical client of ours with $60,000 in debt can become financially free to follow their dreams and build enough wealth to afford life’s bigger expenses like college tuition for their children and retirement.