Debt Repayment Calculator
Estimate repayment time and interest from your debt balance, average rate and monthly budget.
Your results
Enter your details and select Calculate to see your results.
This calculator provides an estimate for illustrative purposes only and does not constitute financial advice.
HELP & GUIDANCE
Debt Repayment Calculator FAQs
Answers to common questions about this calculator and its assumptions.
What does the debt-free estimate assume?
It assumes the entered balance, average rate and monthly repayment budget remain consistent.
What if my payment is less than interest?
Your balance may not reduce. You may need a larger repayment or help reviewing your options.
Does it include multiple debt rates?
It uses one average rate rather than modelling every debt separately.
Where can I get free debt help?
MoneyHelper and Citizens Advice provide information and signposting to free debt support.
For current UK financial rules and independent guidance, visit GOV.UK or MoneyHelper.