Paying Off Those Debts | Natwest

"Struggling to pay off your debt?"



Even though you’re attempting to pay off your debts, you find that they just keep growing and you feel like you’re falling into a spiral of debt.

Having debts looming over you can understandably feel a little overwhelming, but by tackling them one step at a time you can make them much more manageable and a little less daunting.

Firstly, you can make use of our Debt Calculator. The Debt Calculator allows you to calculate your total current debt before showing you how soon you could pay it off and how much you’ll need to pay off each month.

Once you know how much you’ll need to pay off, the next step is to organise which debts should be paid off first. You should prioritise the debts that have the biggest consequence for not paying them back; for example not making your mortgage repayments could result in you losing your home. You should also consider which of your debts will incur the most amount interest. It may be tempting to pay off the smaller debts first but chipping away at your larger debts may be more beneficial in the long-run.

To discover more tips on how to tackle your debts effectively, visit the Debt Support page



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Tools to help you budget

Savings Goal Tool

The budget calculator can help you work out how much you have leftover each month. You could use this towards a savings goal or paying off your debt.

Budget Calculator

Use the Savings Goal Tool to save to help you save towards your goal and track your progress - whatever it is you're saving for!

Debt Calculator Tool

Use the Debt Calculator to work out your total debt and the different ways you can pay it off.

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