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The numbers we provide here are estimates based on some assumptions:
On your own:
Based on industry averages, we estimate a monthly compounding interest rate of 22.99% and that you are making a minimum payment that is 2.5% of your total debt.
JGW:
The length of your program is determined by your debt amount. Programs are between 24 and 60 months in length and average program length is around 42 months.
Savings amount is an estimate base on average customer savings on their monthly payment. Real results will vary and some customers will save more, less or not at all.
Disclaimer: The calculator on this web site is for estimation and educational purposes only. JG Wentworth makes no guarantees regarding its accuracy and specifically disclaims any and all liability arising from the use of this or any other calculator on this web site. Use at your own risk and verify all results with an appropriate financial professional before taking action. We are not registered investment advisers, attorneys, CPA’s or other financial service professionals and do not render legal, tax, accounting, investment advice or other professional services.
Your entered value is significantly different from our estimate. You can adjust it for accuracy, or continue as is.