Debt Payoff Calculator

Calculate how much time and money you can save by making extra payments on your debt

Debt Information

$
The total amount you owe on this debt
%
The annual interest rate on your debt
$
The minimum payment required each month
$
Additional amount you can pay each month (optional)
Debt Payoff Tips
  • Pay more than the minimum to save on interest
  • Target high-interest debts first (avalanche method)
  • Consider debt consolidation for multiple debts
  • Create a budget to find extra payment money
  • Avoid taking on new debt while paying off existing debt
Debt Payoff Analysis

Enter your debt information to see how extra payments can help you become debt-free faster.

$0
Interest Saved
0
Months Saved
$0
Extra Payment