Cost-of-Debt Calculator

Discover how expensive your debt really is over time due to interest charges.

Debt Details

$
%
$

True Cost of Your Debt

Time to Pay Off67
Total Interest Paid$6,609.76
Total Amount Paid$16,609.76
Interest as % of Principal66.1
Cost Multiplier1.66

For every $1 borrowed, you pay back $1.66