Free Debt Payoff Calculator

When Will You Be Debt-Free?

See your exact debt freedom date—plus discover how much interest you'll save with extra payments and smart payoff strategies.

Calculate Your Debt Payoff Strategy

Enter your debts and see the power of extra payments on your journey to financial freedom

Your Debts

Extra Payment Strategy

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Your Payoff Results

Debt-Free Timeline Comparison

Minimum Payments Only

With Extra Payments

🎉 You'll be debt-free sooner!

Accelerate your journey to financial freedom

Total Debt
Interest Saved
Time Saved

Recommended Payoff Order ()

Your Debt Freedom Timeline

Track your journey to financial freedom

Debt Free
Timeline
Total Timeline
Total Paid
Total Interest
Interest Saved

Proven Debt Payoff Strategies

Choose the method that works best for your personality and situation

Debt Avalanche

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

✓ Mathematically optimal - saves the most money

Debt Snowball

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

✓ Psychologically motivating - builds momentum

Stop Using Credit Cards

Avoid adding new debt while paying off existing balances. Use cash or debit only.

Find Extra Money

Cut expenses, sell unused items, or pick up side work to accelerate payoff.

Consider Balance Transfers

Look into 0% APR balance transfer cards to reduce interest charges temporarily.