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Home / Debt Calculator

Debt can seem unmanageable, but our debt payment calculator can help you see what you owe and how long it might take to pay it off. 
To use the calculator enter the amount you owe, the interest rate and the numbers of years you expect to pay it off. The calculator will let you know what your monthly payments will be.   You can see the payment for a consumer proposal, bankruptcy or debt consolidation loan payments. Once you do, call us today to discuss what options you have. We can help. 

Debt Repayment

Monthly Payments

Your Options

(1)

Repay Debt on Your Own

$261.69 monthly payment.
(2)

Unsecured Debt Consolidation Loan

$349.16 monthly payment repaid over 5 years
(3)

Credit Counselling

$1983.33 monthly payment. Note: does not work for any government debt
(4)

Consumer Proposal

$55.00 monthly payment based on 30% of your unsecured debt repaid over 5 years.
*Discuss with an LIT before choosing this option.
(5)

Bankruptcy

$ 200 monthly payment for 9 months. Note: Amount may vary if surplus income exists or if there are assets to settle for

RESULTS ARE ESTIMATES, PLEASE CONTACT US TO DISCUSS YOUR OPTIONS