See What You Could Save
Use this calculator to see your potential savings.
You could save up to and pay off your debt sooner with a Parachute DMP!
Paying On Your Own
$XXX/mo.
Payment Amount
$XXX/mo.
Time to Payoff
$XXX/mo.
Total Cost w/Interest
Paying with Parachute
$XXX/mo.
Payment Amount
$XXX/mo.
Time to Payoff
$XXX/mo.
Total Cost w/Interest
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*This is an ESTIMATE to help you compare the cost of paying only your minimum payments vs. paying them off through a Parachute Debt Management Plan (DMP). This is NOT A GUARANTEED quote. Each creditor has their own payment requirements for accepting a DMP proposal. We use an interest rate of 24% for the current interest rate, and an average DMP interest rate of 7.45% for the calculations. These estimates are only based on general terms (payment requirements and interest rates) from an average creditor; actual terms vary by creditor and account; your terms may be higher or lower. This estimate does not include a monthly fee which would be included in your total DMP Payment.
