42k Student Debt Calculator

How Long Will it Take to Pay Off $42,000 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 $42,000 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 42k in debt? You will need to pay at least the interest. To pay off $42,000 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% $35/month
2% $70/month
3% $105/month
4% $140/month
5% $175/month
Interest Rate Minimum Payment
6% $210/month
7% $245/month
8% $280/month
9% $315/month
10% $350/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 42k in 1 Year 3,538.03 3,576.30 3,614.79 3,653.51 3,692.47
Pay off 42k in 2 Years 1,786.69 1,823.85 1,861.47 1,899.55 1,938.09
Pay off 42k in 3 Years 1,202.99 1,240.01 1,277.72 1,316.13 1,355.22
Pay off 42k in 4 Years 911.20 948.32 986.37 1,025.34 1,065.23
Pay off 42k in 5 Years 736.17 773.49 811.98 851.61 892.38
Pay off 42k in 6 Years 619.52 657.10 696.06 736.40 778.09
Pay off 42k in 7 Years 536.23 574.09 613.56 654.62 697.25
Pay off 42k in 8 Years 473.80 511.95 551.94 593.74 637.31
Pay off 42k in 9 Years 425.26 463.72 504.24 546.79 591.30
Pay off 42k in 10 Years 386.46 425.23 466.29 509.58 555.03
Pay off 42k in 11 Years 354.73 393.82 435.42 479.45 525.83
Pay off 42k in 12 Years 328.31 367.72 409.86 454.63 501.93
Pay off 42k in 13 Years 305.97 345.71 388.38 433.89 482.10
Pay off 42k in 14 Years 286.84 326.91 370.12 416.35 465.45
Pay off 42k in 15 Years 270.27 310.67 354.42 401.37 451.33
Years 2% 4% 6% 8% 10%
Pay off 42k in 16 Years 255.79 296.52 340.80 388.47 439.28
Pay off 42k in 17 Years 243.03 284.09 328.90 377.27 428.91
Pay off 42k in 18 Years 231.70 273.08 318.43 367.48 419.93
Pay off 42k in 19 Years 221.57 263.29 309.15 358.89 412.13
Pay off 42k in 20 Years 212.47 254.51 300.90 351.30 405.31
Pay off 42k in 21 Years 204.25 246.62 293.52 344.58 399.33
Pay off 42k in 22 Years 196.78 239.48 286.89 338.59 394.06
Pay off 42k in 23 Years 189.97 233.00 280.92 333.25 389.42
Pay off 42k in 24 Years 183.74 227.09 275.51 328.46 385.30
Pay off 42k in 25 Years 178.02 221.69 270.61 324.16 381.65
Pay off 42k in 26 Years 172.74 216.74 266.14 320.29 378.41
Pay off 42k in 27 Years 167.87 212.19 262.07 316.80 375.52
Pay off 42k in 28 Years 163.35 207.99 258.35 313.64 372.94
Pay off 42k in 29 Years 159.15 204.11 254.94 310.78 370.64
Pay off 42k in 30 Years 155.24 200.51 251.81 308.18 368.58