Payoff $13,000 Debt

Calculate the monthly payment needed to pay off a debt of $13,000 in a certain number of months or years. It can be used for a credit-card debt, student loan debt, or any other type of debt.
Current Debt
Pay Debt in
Interest Rate
You have a debt of $13,000 with an interest rate of 9.25%.
To pay it off in 5 years, you will have to pay:
$271.44 / month
You will pay a total of $3,286.32 in interest.
What if You Refinance?
The effects of high interest-rate debt can be large. Here's how much you'd have to pay each month to pay off a $13,000 debt in 5 years with different interest rates:
Interest Rate Payment Total Interest
5% $245.33 $1,720
6% $251.33 $2,080
7% $257.42 $2,445
8% $263.59 $2,816
10% $276.21 $3,573
12% $289.18 $4,351
15% $309.27 $5,556
20% $344.42 $7,665
25% $381.57 $9,894
30% $420.59 $12,236
What's the Highest Credit Card Interest Rate?
In the U.S. there is no federal law that limits the rate of interest that a credit card company can charge. However, there is a maximum of 36% for active U.S. military members and their dependents.
Perhaps because of this law, there is no credit card with an APR greater than 36% as of July 2023.
In 2009, First Premier Bank offered a card with a stunning 79.9% interest rate, probably the highest ever.