Debt Repayment Calculator

Home >> How to File Bankruptcy >> Debt Repayment Calculator


Use our Debt Repayment Calculator to find out what your monthly payment would be with each of different debt repayment options that are available to you.

Enter your total unsecured* debt:

*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

  • $0.00
  • $0.00
  • $0.00
  • $0.00
  • $0.00
  • Repay debt on your own ($0.00)
  • Debt consolidation ($0.00)
  • Credit counselling ($0.00)
  • Debt settlement ($0.00)
  • Consumer proposal ($0.00)

Please note that these numbers are for illustrative purposes only. The actual amount you will pay may be higher or lower, and will depend on which creditors you owe (some creditors require more than others), and on what you can afford to pay each month (based on your family income, the size of your family, and your assets). For an accurate calculation, please contact us.

Would you like to learn more about Consumer Proposals?Contact us for a free, confidential, no-obligation consultation.

Repay Debt on Your Own

$0.00

per month,

over 3 years

  • Assume that you will pay back your unsecured debt in full
  • Pay back period: 3-year
  • Interest Rate: 18% compounded annually

Debt Consolidation

$0.00

per month,

over 3 years

  • Assume that you will pay back your unsecured debt in full
  • Pay back period: 3-year
  • Interest Rate: 12% compounded annually

Credit Counselling

$0.00

per month,

over 3 years

  • Assume that you will pay back your unsecured debt in full
  • Pay back period: 3-year
  • Interest Rate: none

Debt Settlement

$0.00

per month,

over 3 years

  • Assume that you will pay back 50% your unsecured debt in full
  • Pay back period: 3-year
  • Interest Rate: none

Consumer Proposal

$0.00

per month,

over 3 years

  • Assume that you will need to pay back only 35% of your total unsecured debt
  • Pay back period: 3-year
  • Interest Rate: none
Are You Ready To Get Out of Debt?
Schedule a Free Consultation with an Expert Bankruptcy Trustee in Your Area.
Schedule My FREE Consultation