Debt Calculator


Caution: If the calculated results show “ NaN “, (Not Acceptable Number), you have entered a combination of payment amount and interest rates that will never repay the debt. Try again with a higher payment or lower interest rate.

DEBT MANAGEMENT TIPS

No more than 25% of your monthly income should go towards installment debt – credit cards, loans, car payments, etc.

Act your own wage!

Keep an accurate record of your cash flow and expenses in order to stick to your plan.

Spending limits must be realistic

Deposit part of your income into a savings account to meet emergency expenses.