FH Financial Service has delevoped this debt calculator to calculate what your monthly payment will be if you choose a Debt Settlement Plan, apply for a Debt Consolidation Loan, Enroll with a Consumer Credit Counseling / Debt Management Plan, or if you choose to pay the high interest Credit Card Payments. Your payment is calculated paying only the minimum payment based on the amount of debt and the number of accounts you currently have. The formulas used are the same formulas used by Debt Consolidation Loan Companies that offer Debt Consolidation Loans, Credit Counseling Companies, and Credit Card Companies.
INSTRUCTIONS: Enter the amount of debt and the number of accounts. Then move your mouse to another cell in the calculator and the debt calculator will calculate how much your monthly payment is and how many payments it will take to get you out of debt. |