Debt Payoff Calculator

Calculate how long it will take to pay off your debt and how much you can save with extra payments

Debt Information

Enter your debt details

Current Balance ($)

Annual Interest Rate (%)

Minimum Monthly Payment ($)

Extra Monthly Payment ($) - Optional

Pay minimums on all debts, then put extra money toward the highest interest rate debt first.

Pay minimums on all debts, then put extra money toward the smallest balance first for motivation.

Even small extra payments can save thousands in interest and years of payments.

Every Calculator