Debt Payoff
The time to repay with a given payment and a payoff plan for several debts and credit cards.
What to find:
Lists with spaces, one number per debt. Interest is added monthly.
This calculator finds how long a debt takes to pay off with a given payment and compares plans for several debts and cards.
n = −ln(1 − S·i / P) / ln(1 + i)
Example. 300,000 at 18% with a payment of 10,000: about 3 years.
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