This is just the interest that you will be paying!
The true payment total is the value
of the original debt, for example, $20,000 + interest
owed of $29,423.16 = $49,423.16.
This calculator will estimate
the amount of time it will take to pay off a given debt
and the total interest that you will pay between now and
when the debt is paid off. Calculator assumes payments
are 2.5% of balance, or $15, whichever is greater. The
Credit Network provides this debt consolidation calculator
for guidance purposes only.
