Debt Payoff Calculator

Debt Payoff Calculator

Find out exactly when you’ll be debt-free — and how much interest you’ll save by paying extra.

Debt Name
Balance
Interest Rate
Min. Payment
+ Add Another Debt
Any extra amount you can throw at debt each month makes a massive difference.

Avalanche Method

Pay highest interest first. Saves the most money mathematically.

Snowball Method

Pay smallest balance first. Builds momentum and motivation.

Debt Free In
Total Interest
Interest Saved vs. Minimum

Payoff order

The average American pays over $1,000/year in credit card interest alone. This calculator shows you exactly what that’s costing you.

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