Debt Payoff Calculator

Plan your path to debt-free. Compare avalanche vs snowball methods and see your payoff timeline.

Plan your path to debt-free. Compare avalanche vs snowball methods and see your payoff timeline.

What you can figure out

• The payoff date for a set of credit-card balances at a given monthly payment.
• The total interest saved by paying an extra $100 or $200 per month.
• A head-to-head comparison of the avalanche (highest-rate first) and snowball (smallest-balance first) methods.
• Whether a balance-transfer card would meaningfully change the payoff timeline.

How it works

The debt-payoff calculator takes a list of balances, APRs, and minimum payments, plus any extra monthly amount you can contribute, and returns a full payoff schedule. It supports both the avalanche and snowball methods so you can compare total interest paid against how quickly the first balance clears — a tradeoff between math and motivation.

Privacy

This calculator runs entirely in your browser. Nothing you type is saved, transmitted, or shared with us or any third party. See our privacy policy for the full details, or browse more tools on the calculators page.