This calculator will estimate the amount of time it will take to pay off a given debt. Plus, it will also tell you the average monthly interest you will pay between now and when the debt is paid off.
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What is your monthly payment? |
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What percentage interest are you paying? |
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What is your remaining principle balance? |
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Are you making "Fixed" or "Declining Minimum" payments? |
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Interest you pay every month: |
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Number of months to erase this debt: |
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Number of years to erase this debt: |
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