Payoff $25,000 Debt

Calculate the monthly payment needed to pay off a debt of $25,000 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 $25,000 with an interest rate of 5.75%.
To pay it off in 3 years, you will have to pay:
$757.72 / month
You will pay a total of $2,277.91 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 $25,000 debt in 3 years with different interest rates:
Interest Rate Payment Total Interest
5% $749.27 $1,974
6% $760.55 $2,380
7% $771.93 $2,789
8% $783.41 $3,203
10% $806.68 $4,040
12% $830.36 $4,893
15% $866.63 $6,199
20% $929.09 $8,447
25% $994.00 $10,784
30% $1,061 $13,206
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.