Ready to begin your journey to a debt free life?
Do you feel you should be in debt your entire life? In 30 minutes learn how DebtFree4LifeAdvsiors™ can eliminate your debt for life.
Schedule a free one on one meeting with our advisors to find out what percentage of your debts go to paying just interest using our interest calculator (include all of your debts to see what your effective interest cost is on your next month’s payments)
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This site will help you understand how to calculate the interest you’re actually paying on your debts. You’ll likely be interested in knowing the actual interest rate you pay not the stated interest rate on your outstanding loans.
Where’s the biggest threat?
Where is the biggest opportunity?
The TYPICAL American Family spends 65% of every dollar they make on Debt & Taxes.
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ENTER YOUR DEBTS BELOW
Enter each of your debts along with their current balance, minimum monthly payment (please don’t include additional principal payments) and the loan interest rate. Once you’ve entered all of your loans, click the “Calculate My Effective Interest Cost” button at the bottom of the page.
|Debts||Name||Balance||Interest Rate||Payment||Monthly Interest $||Effective Interest Cost %|