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MinistryofTruthAgent t1_iy9zupt wrote

Reply to comment by zerolimits0 in Help! Drowning in debt. by nah_just_ocd

Since OP has about 8x that. Are we expecting 24 years?

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Raalf t1_iybf4il wrote

at 20%+ interest, it all depends on how much is put towards the debt.

At 90k, 22% interest compounded monthly, this is what it will be at 24 years to pay it off:

Payment Every Month $1,658.86

Total of 288 Payments $477,752.08

Total Interest $387,752.08

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