Attention: Money 101 will no longer be available after May 31, 2021. After that time the Enrich financial literacy tool will be available at https://cwdc.enrich.org moving forward.
Upon course completion please contact Freddy Burciaga at Alfredo.burciaga@dhe.state.co.us for a certificate.

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Cost of Debt

Cost-of-Debt Calculator

The interest you pay on your debt can quickly become very expensive. Use this calculator to help determine just how expensive your debt has become. Enter all of your credit cards and outstanding installment loans balances. Find out how much you owe, how much interest you are scheduled to pay and how long it will take to pay it all off.

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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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