Debt Reduction Calculator

Debt Calculator

Enter your total debt (punctuation marks are not requuired) $
Type a monthly payment you can afford to become debt free
(punctuation marks are not requuired)
$
Interest percentage* %

Note*:Put the average interest rate that you are paying or that you were paying on your accounts. This will be used to calculate how much you would end up paying when staying current on your accounts. The interest rate that you put in here, will not effect the figures that are calculated for the consumer credit counseling and debt settlement programs.

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Overview:
Please note that these figures are approximate and should only be used to give you an indication of how refinancing to a lower interest rate may be beneficial and the effects of using a debt reduction program. All calculation we have used a loan term of 30 Years and an Interest Rate of 5.89% in all our calculations. The fields below are what you will need to complete and should cover most of your expenses. At the end of this you will find a Summary Page which will give you an idea of your expenditure and the TIME & MONEY you can save through REFINANCING and using the DEBT REDUCTION program.

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