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Debt calculators
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ImageHere's a range of managing debt calculators to help you get a grip on finance. Here's a range of managing debt calculators to help you get a grip on finance.

Get into Debt Calculator:

Understand the real cost of a loan before you take it on - calculate the total interest you'll pay by the time you pay off a loan.

This calculator works out how much your loan repayments will need to be depending on the interest rate, period of loan, amount, and frequency of repayments. It also shows the total amount you will repay including interest.

Get out of Debt Calculator:

Work out how to pay off several debts at once so you pay the least interest.

This calculator shows you how long it will take you to pay off each of your existing debts, and the total amount of interest you will pay. You can see what happens to the interest paid and the repayment times if you increase the amount you are repaying.

Repayment options calculator:

 

Work out how different repayment levels affect the total amount you repay on a loan and the time it takes to repay it.

 

For more information, visit www.sorted.org.nz

 


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