Debt Reduction Calculator

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Instructions:
Enter your current loan amount and monthly repayment amounts, and the nominal interest rate, in the boxes provided.
Then click the Calculate button to see the results.
The results section shows how long it will take to repay your loan.
The results also show the outstanding value of your loan after 1, 2, 5 and 10 years.
You can use the Reset button at any time to clear the calculations.

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Current Loan Amount $
Monthly Repayments $
Nominal Interest Rate	% p.a.



Time required to repay loan:	years, and months.

Debt Remaining After:
One year $
Two years $
Three years $
Five years $
Ten years $