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.

To learn more about consumer proposals, an alternative to personal bankruptcy in Canada, visit “What is a Consumer Proposal and How does it work?”

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.

Your Estimated Monthly Payment with Different Debt Repayment Options**

  • $0.00
  • $0.00
  • $0.00
  • $0.00
  • $0.00
  • Repay 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. The 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).

Bankruptcy-Canada.ca Can Help You with a Consumer Proposal

Get a Free & Confidential Consultation with a Trustee now

Call (888) 823-8239

or

Schedule Free Consultation

Repay 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

Ready to Get Started with a Consumer Proposal?

Speak with a Licensed and Experienced Insolvency Trustee Now.

Call (888) 823-8239

or

Schedule Free Consultation