DebtCalculatorLab

DebtCalculatorLab is built for anyone trying to understand their debt payoff options — whether you carry a single credit card balance or are managing multiple debts across different interest rates. The tools are designed for self-directed research: you enter your own numbers, the calculator models the math, and you see projections you can compare side by side.

These calculators are educational tools, not financial advisors. They do not collect personal information, perform credit checks, or generate leads for third-party services. All computation happens in your browser. The goal is to help you build an informed starting point before you speak with a qualified professional — whether that is a nonprofit credit counselor, a financial planner, or a licensed attorney.

Every result on this site is an estimate based on the inputs you provide. The models assume consistent monthly payments, stable interest rates, and no new debt added during the payoff period. In practice, life is less predictable: rates can change, income can fluctuate, and unexpected expenses can disrupt even the best plan.

Treat the projections as a baseline for comparison, not a guarantee. If two strategies show a small cost difference, the one you are most likely to follow through on is usually the better choice. If the difference is large, the numbers should inform your decision. In either case, re-run the calculator whenever your situation changes — a raise, a rate adjustment, or a new debt all shift the projections meaningfully.

Educational tools only — not financial, legal, or tax advice. Consult a qualified professional for guidance specific to your situation.