Debt Payoff Calculator
Enter your debts in the table below — name, balance, APR, and minimum payment. The calculator instantly shows which payoff strategy saves the most interest and when you'll be debt-free.
Your Debts Enter each debt on one row
| Debt name (credit card, loan…) | Balance | APR % | Min. payment |
|---|
Payoff Acceleration Optional — speeds up payoff
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Extra $200/mo typically saves $3,000–$8,000 in interest on average debt loads. 2026 brackets: 22% ($47k–$103k), 24% ($103k–$197k), 32% ($197k–$250k).
Total Debt Balance
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Enter debts above to see results
Debt Payoff Schedule
Methodology: Monthly interest = balance × (APR ÷ 12). Avalanche: highest APR attacked first. Snowball: lowest balance first. Freed minimums roll forward to next target. Minimum payments floor at $10 or balance. Results are projections — actual payoff depends on making consistent payments.
Full disclaimer →
🔒 Calculations run 100% in your browser — we never see your numbers 📊 Built on primary-source data (see sources above) 🔄 Reviewed 2026 · methodology · disclaimer