Debt Repayment Calculator
Enter Your Total Unsecured Debt
| Options To Eliminate Your Debt | Monthly Payment (approximate) Over 5 Years | Total Cost Over 5 Years | Total Savings Over 5 Years |
|---|---|---|---|
| Consumer Proposal Pay Less than Principal Debt Amount | N/A | N/A | |
| Credit Counselling No Principal Reduction | $8.33 | $500.00 | $0.00 |
| Debt Consolidation Added Interest Costs | $11.12 | $667.33 | $-167.33 |
| Repay Debt on Your Own Added Interest Costs | $12.70 | $761.80 | $-261.80 |
If your debts are less than $6,000, a consumer proposal is likely not the best option for you. If you cannot repay your debts on your own, contact a trustee to talk about your options.