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Debt Repayment Period Calculator

The calculator will help to determine the time period taken to pay off a certain amount of debt. It will also give an estimate of the interest you pay each month to get rid of the debt.

Calculator
Monthly Payment ($)
Interest Rate (% per annum)
Remaining Principle Balance ($)
Are you making "Fixed" or "Declining Minimum" payments?
How long will it take to pay off a given debt?
Monthly Interest you pay ($)
Months to erase this Debt (#)
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