2k Student Debt Calculator

How Long Will it Take to Pay Off $2,000 in Debt?
Try the loan payment calculator to calculate a monthly payment.
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Calculate how long it will take to pay off $2,000 in debt. This can be used for any type of debt, such as student loans, credit card debt, a mortgage, etc. What is the minimum payment needed to pay off 2k in debt? You will need to pay at least the interest. To pay off $2,000 in debt you will need to pay more than the amount listed below so that the loan balance will not grow over time.
Browse the payment table below to view minimum monthly payments to avoid debt from growing over time.
Interest Rate Minimum Payment
1% $2/month
2% $3/month
3% $5/month
4% $7/month
5% $8/month
Interest Rate Minimum Payment
6% $10/month
7% $12/month
8% $13/month
9% $15/month
10% $17/month
Browse the payment table below to view monthly payments based on pay off time and interest rate.
Years 2% 4% 6% 8% 10%
Pay off 2k in 1 Year 168.48 170.30 172.13 173.98 175.83
Pay off 2k in 2 Years 85.08 86.85 88.64 90.45 92.29
Pay off 2k in 3 Years 57.29 59.05 60.84 62.67 64.53
Pay off 2k in 4 Years 43.39 45.16 46.97 48.83 50.73
Pay off 2k in 5 Years 35.06 36.83 38.67 40.55 42.49
Pay off 2k in 6 Years 29.50 31.29 33.15 35.07 37.05
Pay off 2k in 7 Years 25.53 27.34 29.22 31.17 33.20
Pay off 2k in 8 Years 22.56 24.38 26.28 28.27 30.35
Pay off 2k in 9 Years 20.25 22.08 24.01 26.04 28.16
Pay off 2k in 10 Years 18.40 20.25 22.20 24.27 26.43
Pay off 2k in 11 Years 16.89 18.75 20.73 22.83 25.04
Pay off 2k in 12 Years 15.63 17.51 19.52 21.65 23.90
Pay off 2k in 13 Years 14.57 16.46 18.49 20.66 22.96
Pay off 2k in 14 Years 13.66 15.57 17.62 19.83 22.16
Pay off 2k in 15 Years 12.87 14.79 16.88 19.11 21.49
Years 2% 4% 6% 8% 10%
Pay off 2k in 16 Years 12.18 14.12 16.23 18.50 20.92
Pay off 2k in 17 Years 11.57 13.53 15.66 17.97 20.42
Pay off 2k in 18 Years 11.03 13.00 15.16 17.50 20.00
Pay off 2k in 19 Years 10.55 12.54 14.72 17.09 19.63
Pay off 2k in 20 Years 10.12 12.12 14.33 16.73 19.30
Pay off 2k in 21 Years 9.73 11.74 13.98 16.41 19.02
Pay off 2k in 22 Years 9.37 11.40 13.66 16.12 18.76
Pay off 2k in 23 Years 9.05 11.10 13.38 15.87 18.54
Pay off 2k in 24 Years 8.75 10.81 13.12 15.64 18.35
Pay off 2k in 25 Years 8.48 10.56 12.89 15.44 18.17
Pay off 2k in 26 Years 8.23 10.32 12.67 15.25 18.02
Pay off 2k in 27 Years 7.99 10.10 12.48 15.09 17.88
Pay off 2k in 28 Years 7.78 9.90 12.30 14.94 17.76
Pay off 2k in 29 Years 7.58 9.72 12.14 14.80 17.65
Pay off 2k in 30 Years 7.39 9.55 11.99 14.68 17.55