This calculator will estimate the amount of time it will take to pay off a given debt if you are paying a monthly minimum payment. Plus, it will also tell you the Total you will pay between now and when the debt is paid off. Please note the figures below are estimates, please call us today for a more accurate estimate based on your personal situation and finances.
*This statement is an example of past performance and is not intended to be a guarantee of any future settlements*
Prestige Plan
Bank Loan
Credit
Counseling
Do Nothing
(Pay Minimum)
Total Unsecured Debt
30000
30000
30000
30000
Months To Pay Off
24
60
60
395
Interest Rate
NONE
11%
9%
9%
Extra Interest Paid
NONE
$ 9136.36
$ 7365.04
$ 63776.12
Your Total Cost
$ 16500.00
$ 39136.36
$ 37365.04
$ 93776.12
Monthly Payment
$ 687.50
$ 652.27
$ 622.75
Variable
Total Savings
Over Other Options
$ 22636.36
$ 20865.04
$ 77276.12
“Above estimates include Prestige Financial Solutions’ service fees”