How Long to Payoff $1,500 in Debt?

Amount of Debt

Interest Rate

Monthly Payment

99 months

You will be debt free in 8 years, 3 months

Pay Debt of $1.5k

How long will it take to pay a 1.5 thousand dollar loan? This calculator shows how long it will take to payoff $1,500 in debt. It can be used for any loan, credit card debt, student debt, personal, business, car, house, etc...

Many times, combining multiple high-interest loans into one low interest loan can be a good option. This is called debt consolidation.

Loan Payoff Over Time

Month	Payment	Principal	Interest	Balance
1	17.00	13.56	3.44	1,486.44
2	17.00	13.59	3.41	1,472.84
3	17.00	13.62	3.38	1,459.22
4	17.00	13.66	3.34	1,445.56
5	17.00	13.69	3.31	1,431.88
6	17.00	13.72	3.28	1,418.16
7	17.00	13.75	3.25	1,404.41
8	17.00	13.78	3.22	1,390.63
9	17.00	13.81	3.19	1,376.81
10	17.00	13.84	3.16	1,362.97
11	17.00	13.88	3.12	1,349.09
12	17.00	13.91	3.09	1,335.18
13	17.00	13.94	3.06	1,321.24
14	17.00	13.97	3.03	1,307.27
15	17.00	14.00	3.00	1,293.27
16	17.00	14.04	2.96	1,279.23
17	17.00	14.07	2.93	1,265.16
18	17.00	14.10	2.90	1,251.06
19	17.00	14.13	2.87	1,236.93
20	17.00	14.17	2.83	1,222.76
21	17.00	14.20	2.80	1,208.56
22	17.00	14.23	2.77	1,194.33
23	17.00	14.26	2.74	1,180.07
24	17.00	14.30	2.70	1,165.78
25	17.00	14.33	2.67	1,151.45
26	17.00	14.36	2.64	1,137.09
27	17.00	14.39	2.61	1,122.69
28	17.00	14.43	2.57	1,108.26
29	17.00	14.46	2.54	1,093.80
30	17.00	14.49	2.51	1,079.31
31	17.00	14.53	2.47	1,064.78
32	17.00	14.56	2.44	1,050.22
33	17.00	14.59	2.41	1,035.63
34	17.00	14.63	2.37	1,021.00
35	17.00	14.66	2.34	1,006.34
36	17.00	14.69	2.31	991.65
37	17.00	14.73	2.27	976.92
38	17.00	14.76	2.24	962.16
39	17.00	14.80	2.20	947.37
40	17.00	14.83	2.17	932.54
41	17.00	14.86	2.14	917.68
42	17.00	14.90	2.10	902.78
43	17.00	14.93	2.07	887.85
44	17.00	14.97	2.03	872.88
45	17.00	15.00	2.00	857.88
46	17.00	15.03	1.97	842.85
47	17.00	15.07	1.93	827.78
48	17.00	15.10	1.90	812.68
49	17.00	15.14	1.86	797.54
50	17.00	15.17	1.83	782.37
51	17.00	15.21	1.79	767.16
52	17.00	15.24	1.76	751.92
53	17.00	15.28	1.72	736.64
54	17.00	15.31	1.69	721.33
55	17.00	15.35	1.65	705.98
56	17.00	15.38	1.62	690.60
57	17.00	15.42	1.58	675.18
58	17.00	15.45	1.55	659.73
59	17.00	15.49	1.51	644.24
60	17.00	15.52	1.48	628.72
61	17.00	15.56	1.44	613.16
62	17.00	15.59	1.41	597.56
63	17.00	15.63	1.37	581.93
64	17.00	15.67	1.33	566.27
65	17.00	15.70	1.30	550.56
66	17.00	15.74	1.26	534.83
67	17.00	15.77	1.23	519.05
68	17.00	15.81	1.19	503.24
69	17.00	15.85	1.15	487.39
70	17.00	15.88	1.12	471.51
71	17.00	15.92	1.08	455.59
72	17.00	15.96	1.04	439.64
73	17.00	15.99	1.01	423.64
74	17.00	16.03	0.97	407.61
75	17.00	16.07	0.93	391.55
76	17.00	16.10	0.90	375.45
77	17.00	16.14	0.86	359.31
78	17.00	16.18	0.82	343.13
79	17.00	16.21	0.79	326.92
80	17.00	16.25	0.75	310.67
81	17.00	16.29	0.71	294.38
82	17.00	16.33	0.67	278.05
83	17.00	16.36	0.64	261.69
84	17.00	16.40	0.60	245.29
85	17.00	16.44	0.56	228.85
86	17.00	16.48	0.52	212.38
87	17.00	16.51	0.49	195.86
88	17.00	16.55	0.45	179.31
89	17.00	16.59	0.41	162.72
90	17.00	16.63	0.37	146.09
91	17.00	16.67	0.33	129.43
92	17.00	16.70	0.30	112.73
93	17.00	16.74	0.26	95.98
94	17.00	16.78	0.22	79.20
95	17.00	16.82	0.18	62.39
96	17.00	16.86	0.14	45.53
97	17.00	16.90	0.10	28.63
98	17.00	16.93	0.07	11.70
99	11.73	11.70	0.03	0.00