Debt payoff calculator

Build your personal debt payoff plan

Enter your debts, lender minimum-payment rules, interest rates, fees, and extra monthly budget to see a realistic month-by-month path toward becoming debt-free. How it works

Interface mode

Start month Extra monthly payment One-time payment amount One-time payment month Default minimum transfer amount Currency

Enable withdrawals from unused credit

Prioritize accounts in the order shown

Maintain fixed payment once a debt is targeted

Roll shrinking minimums into the extra pool

Lock bank minimums at month one

Only withdraw if an account can be fully paid off

Payoff strategies to compare

Choose how the recurring extra payments are ordered across the whole plan. The simulator runs every selected option and keeps the one that clears all debt the fastest.

Strategy to apply

Free up cashflow Pay off the accounts that remove the most monthly minimum payments.

Avalanche Target the highest interest rate first.

Snowball Target the smallest balance first.

Biggest minimum Target the largest monthly minimum payment first.

Largest balance Target the biggest balance first.

Slowest to clear Target the account that would take longest to clear on its own.

One-time payment strategies to compare

Choose how the one-time payment could be applied. The simulator runs every selected option and automatically keeps the one that clears all debt the fastest.

Strategy to apply

Free up cashflow Pay off the accounts that remove the most monthly minimum payments.

Avalanche Target the highest interest rate first.

Snowball Target the smallest balance first.

Biggest minimum Target the largest monthly minimum payment first.

Largest balance Target the biggest balance first.

Slowest to clear Target the account that would take longest to clear on its own.

Your debts

Your setup stays in your browser while you work. Only the numbers needed for the calculation are sent to the server when you run a simulation.

Add at least one debt to see your month-by-month payoff timeline.

Your debt freedom plan

When each debt will be gone

Bars show how long each debt affects your budget; dots mark the first balance to focus on.

Active payoff window First focus debt

Payoff strategy comparison

How each selected payoff method shapes the whole plan. The fastest is applied automatically.

Transfers from available credit

These are optional transfers that use unused credit on one account to pay down another debt. Sources are used only when the move improves cashflow and does not create a worse minimum-payment burden.

One-time payment allocation

How the one-time payment was split across your accounts to reach debt-free fastest.

One-time payment comparison

How each selected way of applying the one-time payment affects your plan. The fastest is applied automatically.

Month-by-month payoff timeline

Plan your debt payoff with realistic monthly scenarios for credit cards, overdrafts, and loans.

Website

Home Calculator How it works Contact

Legal

Imprint Privacy Policy Terms of Service Disclaimer