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 How long will it take to pay off my debt? 

Balance Owing
Interest Rate
Monthly Payment
#1
 
%
 


Enter your current debt balance, the annual interest rate of your loan and the current monthly payment.
If you have more than one loan, add a new line and enter the values for each loan.

This calculator uses the monthly compounding formula which makes results most accurate for mortgage-type loans.

Accuracy is not guaranteed. Your real loan payments may differ. Please use this calculator for illustrative purposes only and consult your financial advisor before making any financial decisions.
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