Your Debts (up to 5)

Debt 1

Balance ($)

Interest Rate (% APR)

Minimum Payment ($)

Debt 2

Balance ($)

Interest Rate (% APR)

Minimum Payment ($)

Debt 3

Balance ($)

Interest Rate (% APR)

Minimum Payment ($)

Debt 4

Balance ($)

Interest Rate (% APR)

Minimum Payment ($)

Debt 5

Balance ($)

Interest Rate (% APR)

Minimum Payment ($)

Extra Monthly Payment ($)

Payoff Strategy

Payoff Results

Months to Debt-Free (with strategy)	—
Total Interest (with strategy)	—
Total Interest (minimum-only)	—
Interest Saved	—

Payoff Timeline

Accelerated Debt Payoff

This calculator models any mix of loans or credit balances—personal loans, cards, medical bills, and more. Compare a structured payoff plan (snowball or avalanche with extra payments) against paying only each debt's minimum with no redirection when a balance reaches zero.

Steps

Enter each debt's balance, APR, and minimum monthly payment.
Add an extra amount you can apply beyond all minimums.
Choose snowball or avalanche and review interest saved and payoff timeline.

Disclaimer. This calculator is for informational purposes only and is not financial, tax, or lending advice. Fees, variable rates, and lender policies are not modeled. Consult a qualified professional before changing your repayment plan.