How long a debt takes to clear
Interest is added every month, so part of each payment never touches what you owe. This shows how long it takes and what a little extra changes.
The yearly rate on this debt
Optional, on top of the payment
How this is worked out: each month, interest of APR ÷ 12 is added to the balance, then the payment is taken off, until nothing is owed. It assumes the rate and payment stay the same and nothing new is added to the debt.
Lenders may charge interest daily or add fees, so your real figures can differ a little. For more than one debt, try each one on its own.