💰 Debt Settlement Calculator
See how much you could save and your estimated monthly deposit
1
Your Debt Breakdown
Unsecured Debt (Settlement Eligible)
These debts can typically be settled for less than you owe
Lines of credit with variable payments and ongoing interest.
Revolving Debt Subtotal:
$0
📅 Installment Loans (Fixed-Term, Unsecured)
Personal loans with fixed payoff dates, medical payment plans, etc. — these have set payment schedules
Unsecured loans only. Do NOT include auto loans, mortgages, or any debt secured by collateral — those cannot be settled.
Add up remaining balances on all unsecured fixed-term loans.
Add up the monthly payments on all unsecured fixed-term loans.
Use whichever unsecured loan has the longest time remaining.
Unlike revolving debt, installment loans have fixed payment schedules with interest already built in. We calculate these separately to give you accurate savings projections — no inflated compound interest assumptions.
Installment Loans Subtotal:
$0
Total Settlement-Eligible Debt:
$0
Federal Student Loans (Separate Relief Program)
Handled through separate relief options with no credit impact
Federal student loans are addressed through income-driven repayment plans, consolidation, or forgiveness programs—not traditional debt settlement. These programs typically have no negative credit impact.
Student Loan Total:
$0
Total All Debt
$0
2
Current Monthly Payments (Recommended)
This helps us show you the true cost of your current path. Enter your total monthly payments on revolving debts only (credit cards, personal lines of credit, medical bills, collections). Do NOT include federal student loan payments — those are handled through separate programs. Installment loan payments are captured in the section above.
Add up minimum payments on revolving debts only (credit cards, lines of credit, etc.). Installment loan payments are entered above; do not include student loans.
Advanced Settings
Default: 22% — This is the national average for credit card accounts carrying a balance. If you know your specific rate (or have only one account), feel free to adjust. This is used to calculate how much you'd pay over time with minimum payments.
ℹ️ Your Calculator Data Stays Private: The financial information you enter is saved only in your browser to pre-fill our other calculators. This data never leaves your device unless you choose to email your results.
How to Use the Debt Settlement Calculator
See how much you could save with debt settlement. This video shows you how to enter your debts, understand the fee structure, and compare settlement vs. minimum payments—so you can make an informed decision.
Video Coming Soon
