Not exact matches
(This
calculator does not take into account savings you may realize if you are doing
debt consolidation and paying off high
rate credit cards or line of
credit debt.)
The starting point for using the
debt consolidation loan
calculator is to gather all your
credit cards and input the amount you owe, the minimum amount due and the interest
rate paid on each
card.
To see why paying the minimum amount is so costly, enter your
credit card debt and your interest
rate into the
calculator above.
Filed Under: Student Loans Tagged With: Student Loan
Debt, Variable
Rate Student Loan, Variable
Rate Student Loan
Calculator Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank,
credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.
The graph and table tabs in this
calculator show how higher interest
rates adversely affect both the time to pay off
credit card debt and the total interest expense.