Debt Payoff Tools

Single debt payoff

Enter your debt balance and interest rate (APR). Add a monthly payment to see how long pay off will take, or enter a payoff goal in years to see required monthly payment. Click "Load Example" to see sample values.

Inputs

Remaining Debt Balance ($)

Interest Rate (APR %)

Monthly or Minimum Payment ($)

Years to Pay Off (Optional - Add only if you have a specific payoff goal in years)

Extra Monthly Payment ($)

Monthly interest equals your current balance times APR divided by 12. Each month, interest is added first, then your payment is applied.

Summary and Results

Plan	Monthly payment	Payoff time	Total interest
Monthly payment to finish in your target years	—	—	—
Monthly payment plus your extra amount	—	—	—

Graph

Hover the graph to see values.

Amortization Schedule

Rows

Month	Payment	Interest	Principal	Remaining balance

Multiple debt payoff

Snowball prioritizes the smallest balance first. Avalanche prioritizes the highest loan interest first. Both pay minimums on every debt, then roll freed payments into the next target.

Inputs

Debt name	Remaining Debt Balance ($)	Interest Rate (APR %)	Monthly or Minimum Payment ($)	Remove

Extra Monthly Payment ($)

Monthly interest per debt equals current balance times APR divided by 12. Each month, interest accrues, then payments are applied. Total monthly budget equals all minimum payments plus your extra payment.

Summary and Results

Debt	Method	Payoff time	Total interest	Total paid

Snowball payoff order

Avalanche payoff order

Graph

Graph metric

Timeline years shown

Hover the chart to see values.

Amortization schedule

Show schedule for

Rows

Month	Payment	Interest	Principal	Total balance

Pay debt off faster and see your progress clearly.

Single debt payoff

Inputs

Summary and Results

Multiple debt payoff

Snowball payoff order

Avalanche payoff order