Debt Relief Savings Calculator | Simply Debt Smart
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Debt Relief Savings Calculator

See how much you could save with debt relief vs. traditional minimum payments

Debt Paydown Chart

Each bar shows your remaining balance (settled debt + 20% enrollment fee) being paid down.

Interest
Principal
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Total Cost: Traditional Minimum Payments

Total Cost: With Debt Relief Program

Total Savings

Time Saved

Debt Reduction

* This calculator provides estimates based on typical scenarios and compares three payment strategies: (1) Traditional minimum payments calculated as interest plus 1% of balance with 20% APR (industry standard), (2) Accelerated fixed payments calculated to pay off the full debt within the selected term at 20% APR, and (3) Debt relief program settling for approximately 40-60% of debt with a 20% enrollment fee based on your original enrolled debt amount. Actual results vary based on your specific situation, creditor negotiations, and program terms. Consult with a debt relief specialist for personalized estimates.

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