Your Debt Options Calculator

* Unsecured debt includes credit cards, bank loans, line of credits etc. It does not include mortgages and car loans.

*Please note these numbers are for illustrative purposes only.

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Repay Debt
on Your Own

Assume that you will pay back your unsecured debt in full over a 3-year period, at interest rate of 18% with interest compounded annually.

Per month,
over 3 years

Debt
Consolidation

Assume that you will pay back your unsecured debt in full over a 3-year period, at interest rate of 12% with interest compounded annually.

Per month,
over 3 years

Credit
Counselling

Assume that you will pay back your unsecured debt in full over a 3-year period, with no interest charges.

Per month,
over 3 years

Consumer
Proposal

Assume that you will need to pay back only 30% of your total unsecured debt, over a 3-year period, and with no interest charges.

Per month,
over 3 years

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