Debt Calculator

See for Yourself

There are several ways to reduce or eliminate your debt. These include Credit Counseling, a simple Debt Consolidation loan, doing nothing (or, paying only the minimum payment required by your credit card), and working with Halo Debt Solutions to negotiate a settlement for your debt. Enter your total unsecured debt and interest rate in the boxes below, to see what you will pay, and what you will save, by taking each of those actions to pay off your debt.

Your Debt: $25,000.00
	Consolidation Loan	Credit Counseling	Do Nothing (Pay Minimum Only)
Principal	$25,000.00	$25,000.00	$25,000.00	$25,000.00
Months to Pay Off	60	60	410	36
Interest Rate	11.0%	9.0%	18.9%	None
Total Interest	$7,613.63	$9,018.01	$43,398.28	None
Monthly Payment	$543.56	$569.92	Variable**	$381.94
Total Cost	$32,613.63	$34,018.01	$68,398.28	$13,750.00