Debt payoff calculator
Add your debts and see your payoff plan under two proven strategies — including your debt-free date and how much interest you save.
If your debt keeps you up at night, this tool is your first step. It compares the two most proven payoff methods — snowball and avalanche — with your real numbers, and shows you exactly when you'd finish paying and how much interest you'd save.
Balance
Rate (APR)
Min payment
Balance
Rate (APR)
Min payment
What you can pay beyond the minimums. Even $25 extra makes a difference.
Your total debt:
$10,700
Avalanche
RecommendedPay the highest rate first — saves the most in interest.
- Time
- 23 months
- Total interest
- $2,019
- Debt-free
- May 2028
Snowball
Pay the smallest debt first — quick wins that keep you motivated.
- Time
- 32 months
- Total interest
- $3,018
- Debt-free
- February 2029
With the avalanche you save $1,000 in interest and finish 9 months sooner than with the snowball.
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This tool is for educational purposes only. Results are estimates based on averages and do not constitute a credit offer or financial advice. Consult a financial professional before making decisions.