30k Student Debt Calculator

How Long Will it Take to Pay Off $30,000 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 $30,000 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 30k in debt? You will need to pay at least the interest. To pay off $30,000 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% $25/month
2% $50/month
3% $75/month
4% $100/month
5% $125/month
Interest Rate Minimum Payment
6% $150/month
7% $175/month
8% $200/month
9% $225/month
10% $250/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 30k in 1 Year 2,527.17 2,554.50 2,581.99 2,609.65 2,637.48
Pay off 30k in 2 Years 1,276.21 1,302.75 1,329.62 1,356.82 1,384.35
Pay off 30k in 3 Years 859.28 885.72 912.66 940.09 968.02
Pay off 30k in 4 Years 650.85 677.37 704.55 732.39 760.88
Pay off 30k in 5 Years 525.83 552.50 579.98 608.29 637.41
Pay off 30k in 6 Years 442.51 469.36 497.19 526.00 555.78
Pay off 30k in 7 Years 383.02 410.06 438.26 467.59 498.04
Pay off 30k in 8 Years 338.43 365.68 394.24 424.10 455.22
Pay off 30k in 9 Years 303.76 331.23 360.17 390.56 422.36
Pay off 30k in 10 Years 276.04 303.74 333.06 363.98 396.45
Pay off 30k in 11 Years 253.38 281.30 311.01 342.46 375.60
Pay off 30k in 12 Years 234.51 262.66 292.76 324.74 358.52
Pay off 30k in 13 Years 218.55 246.93 277.42 309.92 344.35
Pay off 30k in 14 Years 204.88 233.50 264.37 297.40 332.46
Pay off 30k in 15 Years 193.05 221.91 253.16 286.70 322.38
Years 2% 4% 6% 8% 10%
Pay off 30k in 16 Years 182.71 211.80 243.43 277.48 313.77
Pay off 30k in 17 Years 173.59 202.92 234.93 269.48 306.36
Pay off 30k in 18 Years 165.50 195.06 227.45 262.49 299.95
Pay off 30k in 19 Years 158.27 188.06 220.82 256.35 294.38
Pay off 30k in 20 Years 151.77 181.79 214.93 250.93 289.51
Pay off 30k in 21 Years 145.89 176.15 209.66 246.13 285.23
Pay off 30k in 22 Years 140.56 171.05 204.92 241.85 281.47
Pay off 30k in 23 Years 135.69 166.43 200.65 238.04 278.15
Pay off 30k in 24 Years 131.24 162.21 196.79 234.62 275.22
Pay off 30k in 25 Years 127.16 158.35 193.29 231.54 272.61
Pay off 30k in 26 Years 123.39 154.81 190.10 228.78 270.29
Pay off 30k in 27 Years 119.91 151.56 187.20 226.28 268.23
Pay off 30k in 28 Years 116.68 148.56 184.54 224.03 266.39
Pay off 30k in 29 Years 113.68 145.79 182.10 221.98 264.74
Pay off 30k in 30 Years 110.89 143.22 179.87 220.13 263.27