Debt Payoff Planner
See exactly when you will be debt-free and discover how much you can save with extra payments.
See Your Timeline
Know your exact payoff date
Save Thousands
Extra payments cut interest
Any Debt Type
Cards, loans, medical bills
How this tool helps you
See exactly how much interest you will pay and when you will be debt-free. Then discover how adding even a small extra payment can save you thousands.
Choose your debt type:
Adding extra to your payment goes directly to principal, saving you interest.
By adding $50/month extra
You save $1,048
and become debt-free 1y 6m sooner
Debt-free in
4y 4m
September 2030
Total interest paid
$2,798
Total you will pay
$7,798
Debt-free in
2y 10m
March 2029
Total interest paid
$1,750
Total you will pay
$6,750
Your Action Plan
You calculated your payoff plan - great first step!
Set up automatic payments of $200/month
Mark March 2029 as your debt-free target date
Find $50/month to add (skip 1-2 subscriptions, meal prep, etc.)
Every extra dollar goes directly to principal, speeding up your debt-free date!
How to Pay Off Debt Faster
What this calculator shows
- Time to pay off with minimum payments only
- Time saved by adding extra monthly payments
- Total interest over the life of the debt
- Money saved by paying extra each month
Tips for faster payoff
- Even $25 extra per month makes a big difference
- Focus on high-interest debt first (avalanche)
- Consider 0% APR balance transfer cards
- Automate payments to never miss due dates