Cost-of-Debt Calculator

Credit card and loan debt can become very expensive as the interest accumulates over time. You can use this calculator to see just how expensive your debt could be. All you need to do is enter your credit card and loan balances along with a couple other details. See how much you actually owe, how long it will take to pay off, and how much interest you will pay if you don’t make a plan to pay it off sooner. For help and guidance to pay off your debt sooner, feel free to call us at 1-888-527-8999.

Credit Counselling Society

Interactive calculators and information are made available to you as self-help tools for your independent use and are not intended to provide financial advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual situation. All examples are hypothetical and are for illustrative purposes. We strongly encourage you to seek personalized guidance from qualified professionals regarding all personal finance issues. Feel free to speak with one of our credit counsellors if you would like help figuring out how to deal with your credit card debt. Call us at 1-888-527-8999.