Debt Repayment & Consumer Proposal Calculator

Debt Options Calculator

Our debt calculator provides a comparison of what your monthly debt repayment might look like under different debt relief options including a debt consolidation loan, debt management plan and consumer proposal. Actual results may vary as each situation is unique.  Your actual payments will be based on your income, assets and debts but this calculator provides a comparison of the potential savings of each option.

Simply enter your total unsecured debt, including credit card debt, bank loans, lines of credit, payday loans and tax debts. Do not include mortgage or secured car loans.

Enter Your Total Unsecured Debt

Calculate

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

Credit Counselling
No Principal Reduction

Debt Consolidation
Added Interest Costs

Repay Debt on Your Own
Added Interest Costs

This is a simple comparison of why a consumer proposal is often the most beneficial way to eliminate debt.

Got Questions?

Call (416) 222-4600 or fill out the form below to get started.