Debt Payment Calculator
Find out how much each debt solution can save you.
Is something as simple as opening the refrigerator reminding you of the high cost of food?
Do you constantly worry about having enough money for the month?
Nervous to open your bills?
At Farber, we get it! It is common to feel overwhelmed with the cost of just about everything being more expensive than it used to be.
Knowing where to start isn’t always straightforward, but don’t worry! Our debt-to-income calculator will let you know how well you’re managing your debt. It compares how much money you make, and how much money you’re spending on your debts.
Congrats! Your debt-to-income percentage is looking great, so keep doing what you’re doing. If you need any tips, or just want to learn more about money management, click on the Debt & Savings Tips button.
Your debt-to-income percentage is at a level that you might benefit from some financial guidance to keep it from getting higher, click on the Your Options button to learn more.
Your debt-to-income percentage is too high and recommend you explore the options available to reduce your debt. The good news is you’re not alone, click on the Reduce My Debt button to learn more.
This calculator simply provides an estimate of your debt-to-income ratio and is for demonstration purposes only. Actual results may vary based on your unique financial situation.
At Farber, we are dedicated to finding the best debt solution for you.
They helped me file a consumer proposal that cut my debt in half. The process was quick and easy, completed through a half hour zoom call. I’m very satisfied with my monthly payments and when I am able I can pay more to get out of debt sooner.
— Sonja J., 2023