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.
Options To Eliminate Your Debt |
Monthly Payment (approximate) Over 5 Years |
Total Cost Over 5 Years |
Total Savings Over 5 Years |
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Consumer Proposal Pay Less than Principal Debt Amount |
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Credit Counselling No Principal Reduction |
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Debt Consolidation Added Interest Costs |
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Repay Debt on Your Own Added Interest Costs |
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Options To Eliminate Your Debt
Consumer Proposal
Pay Less than Principal Debt Amount
Monthly Payments
Credit Counselling
No Principal ReductionMonthly Payments
Debt Consolidation
Added Interest CostsMonthly Payments
Repay Debt on Your Own
Added Interest CostsMonthly Payments
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.