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Debt payoff calculator

Put in what you owe, then move the payment slider. The tape redraws as you drag, so you can see what an extra $50 a month actually buys you.

Your payoff plan

Avalanche clears the highest interest rate first and costs less. Snowball clears the smallest balance first and gives you a win sooner.

$

Your minimums total $480.

Strategy
What you owe

Credit Card

$6,200 · 24.99% · $155/mo min

Store Card

$1,400 · 9.9% · $45/mo min

Car Loan

$12,000 · 6.5% · $280/mo min

Debt-free in
2y 10mo

Paying $680 a month toward $19,600 of debt.

Total interest you'll pay$3,186
Total out of pocket$22,786
Interest saved vs minimums only$4,386
Balance over time

Each step is one month. The curve steepens as each debt clears and its payment rolls into the next.

Payoff order · avalanche
1. Credit Card · 24.99%1y 10mo
2. Store Card · 9.9%2y
3. Car Loan · 6.5%2y 10mo

Add a debt

Want the reasoning behind the two strategies? Read the credit guide.

Now pick the order that frees cash fastest

Avalanche, snowball, or cash-flow index? Our guide compares all three honestly — and once the cards are gone, the same cash flow can attack your mortgage.

Get the free 31-page guide