Debt Payoff Calculator

Debt Payoff CalculatorA better financial future begins with an understanding of your current situation. Whether you’re calculating how long it will take to pay off your debt or estimating a monthly loan payment, having a clear picture of what you can afford will help you make smarter choices moving forward.

Although these financial questions may seem complicated on the surface, there are financial calculators available to help you run the numbers and answer questions like:

  • How can I improve my budget?
  • Am I on track for retirement?
  • How much do I need to be saving?
  • Will I reach my savings goals?
  • What will my loan payments be?

These financial calculators can help you budget, save, and prepare as well as guide you along your journey to financial wellness.

You can calculate the costs of a loan, find out what a mortgage might really mean for your budget, or compare a debt management plan to paying off credit card debt on your own.

Calculate Your Debt

Compare using GreenPath Payoff Debt calculator on your own to see which option works best for your budget and goals.

Enter Your Balance


NOTE: This is an example. It helps you see how a debt management plan might help you. It is not an actual quote.

How the Debt Payoff Calculator Works

The pay “on your own” example assumes you make only the minimum payment. We use an interest rate of 24 percent. The GreenPath debt management plan example shown is based on getting rid of your debt within five years. We use an average interest rate of 8 percent (in most cases, we can work with your creditors to reduce your interest rate). Actual interest rates will vary by client and creditor. If the results of the GreenPath debt management calculator example show that we might be able to save you money, chat or call us today to conduct a free debt counseling session with one of our NFCC-Certified counselors. The session is 100% confidential, no pressure and judgment-free.