Debt payoff planner
Enter your numbers — the results update instantly.
Worked example
Given: Debts — separate with «;»: name: balance, APR %, minimum payment = A: 4500, 24%, 120; B: 1200, 19%, 40; C: 8000, 7%, 220; Extra per month on top of the minimums = 200; Method = Avalanche — highest rate first
Result: Months until debt-free = 27; Total interest = 1,954.72; Total paid = 15,654.72; Monthly budget = 580; Other method: months = 28; Other method: interest = 2,031; Interest saved by this method = 76.28; Payoff order (month) = A (17) → B (19) → C (27)
How it is calculated
1. Enter the values you know. 2. The calculator converts them to base units and applies the formula. 3. The result is shown in the unit you choose.
Frequently asked questions
How do I calculate it?
Given: Debts — separate with «;»: name: balance, APR %, minimum payment = A: 4500, 24%, 120; B: 1200, 19%, 40; C: 8000, 7%, 220; Extra per month on top of the minimums = 200; Method = Avalanche — highest rate first. Result: Months until debt-free = 27; Total interest = 1,954.72; Total paid = 15,654.72; Monthly budget = 580; Other method: months = 28; Other method: interest = 2,031; Interest saved by this method = 76.28; Payoff order (month) = A (17) → B (19) → C (27).
Is the calculator free and private?
Yes. It is free, needs no sign-up and runs in your browser — the numbers you type stay on your device.