Use our debt payoff calculator to find out how long it will take to pay off your exisiting debt. Or, select a preferred time-frame to determine the monthly payment amount.
What will it take to payoff my debt?
Use our interest calculator to see how much money you can save over time with a lower interest rate. Just provide your balance, current interest rate and new APR.
How much can I save with a lower interest rate?
Determine your debt-to-income ratio. Many lenders use this ratio to determine your overall credit risk and loan status, with a ratio below 36% required** About Credit Risk Assessment: As a general guideline, a debt-to-income ratio (DTI) of 36% is within most bank and lending limits. As the ratio approaches this limit, the score will migrate from "Low" to "Moderate" risk since a larger share of your household's income will be used to make payments. Debt-to-income ratios above 36% are deemed "High" risk and we recommend taking immediate steps to lower your debt load.
Use our minimum payment calculator to see how long it takes to pay off your debt (and how much interest you'll accumulate) if you pay only the minimum payment.