Debt Projection Tool

Do you want an idea of how much debt you will accumulate through medical school? Ever wonder when you could finally pay off all your student loans and Line of Credit balance? Find out by answering our form below and receive a personalized financial projection in 24-48 hours.

Our Debt Projection Tool takes into consideration crucial life decisions including;

  1. Choosing a Future Specialty

  2. Having a Family

  3. Buying a Home

Use our 3 scenario method to help make a financial educated decision in your future. See an example completed financial projection below.

 
 

Ready to go? It should only take 10 mins.

Things you will need;

  1. Total student loan balance per year.

  2. Approximate monthly costs.

  3. An open mind to your future plans.

  • Cover page titled 'Personalized Debt Projection,' dated February 20, 2022, prepared for Mrs. Jane Doe, Year 2 UBC Medicine, Northern Medical Program. Includes 'Budget Your M.D' and a medical-themed logo at the bottom.
  • Infographic titled 'Scenario 1' showing a financial plan. Details: Monthly spending of $3,500, specialty in family medicine, 20% of income towards debt. Debt free by age 42. Chart shows total debt breakdown from age 23-43 with line of credit and student loan. Future plans include a family with 2 kids at ages 29 and 31, 9 months paternal leave, purchasing a home at age 28 for $700,000 with a 20% down payment.
  • Financial scenario infographic showing monthly spending of $2,622.34 for a cardiologist, with 30% income toward debt, projected to be debt-free by age 40. Includes a chart of debt breakdown by age and future plans for family life and home purchase details.
  • Infographic titled "Scenario 3" detailing a financial plan. Includes monthly spending of $2,900, a specialty in plastic surgery, and 15% income towards debt. Debt-free by age 35. A chart shows debt breakdown by age, with line of credit and student loan. Future plans include having two children and purchasing a home at age 28 for $700,000 with a 20% down payment.