Debt Payoff Calculator

Create your personalized debt elimination strategy and track your progress to financial freedom

💳 Debt Payoff Planner

Currency

Payoff Strategy

🏔️ Debt Avalanche

Pay minimums on all debts, extra on highest interest rate

⛄ Debt Snowball

Pay minimums on all debts, extra on smallest balance

Extra Monthly Payment

Debt #1

Debt Name

Balance

Interest Rate (%)

Minimum Payment

Target Payoff Date

Maximum Monthly Budget

📊 Debt Payoff Results

Total Debt

$ 5,000

Payoff Time

3.2 Years

Total Interest

$ 1,245

Total Payments

$ 6,245

📈 Debt Payoff Timeline

💡 Debt Payoff Insights