Put a leash on your debt

With this calculator you’ll be able to work out how long it might take to pay of your existing debts, as well as the interest you’ll pay on each loan.

You can experiment by paying off loans with higher interest rates first, paying a few extra dollars on some loans, or any other combination you can think of.


This tool calculates interest in the same periods as you’ve chosen to make repayments, and repayments are assumed to be unchanged over the period of the loan (i.e. they haven’t been increased for inflation). For these reasons, it provides an estimate of how long it will take to pay out your loans rather than an exact result. You may wish to check with your lender in regard to actual interest calculations and payout times.

The calculator doesn’t replace personal financial advice and you should seek specific professional advice prior to acting on any information. We also recommend you read our disclaimer.