Debt Reduction Calculator
See your debt clearly — and your specific path to being free of it.
Groundwork Press · When Money Feels Impossible
Your debt details
Total credit card (or loan) balance
£
Enter the total balance you want to clear
Annual interest rate (APR)
% per year
Find this on your credit card or loan statement, or your provider's website
How would you like to calculate?
I know how long I want to take
Tell me my monthly payment
I know what I can afford to pay
Tell me how long it will take
How many months do you want to take?
24 months (2 years)
3 months
10 years
Show me my monthly payment
How much can you afford to repay each month?
£
Be realistic — an amount you can genuinely sustain every month
Show me my debt-free date
Your debt-free timeline
Monthly payment
—
to clear your debt
Debt-free by
—
—
Total interest paid
—
true cost of this debt
Total you will pay
—
debt + interest
Balance remaining each month