Payoff $9,000 Debt

Calculate the monthly payment needed to pay off a debt of $9,000 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 $9,000 with an interest rate of 8.99%.
To pay it off in 4 years, you will have to pay:
$223.92 / month
You will pay a total of $1,748.29 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 $9,000 debt in 4 years with different interest rates:
Interest Rate Payment Total Interest
5% $207.26 $948.65
6% $211.37 $1,146
7% $215.52 $1,345
8% $219.72 $1,546
10% $228.26 $1,957
12% $237.00 $2,376
15% $250.48 $3,023
20% $273.87 $4,146
25% $298.41 $5,324
30% $324.05 $6,555
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.