Debt Payoff Calculator

Minimum payments vs. the snowball method. See the real cost, in years and dollars, of paying the minimum and nothing more.

Educational tool only: Results are projections based on the inputs you provide. Actual payoff timelines depend on your specific loan terms. This is not financial advice.

Your Debt Details

Fill in what you know. The calculator updates instantly.
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%
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Add even a small amount to see the dramatic difference it makes.
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Adding your extra payment saves you
Run the numbers above
Minimum Payments Only
Time to Pay Off
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Total Interest Paid
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Total Cost of Debt
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With Extra Payment
Time to Pay Off
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Total Interest Paid
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Total Cost of Debt
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Calculations assume a fixed interest rate and fixed minimum payment in dollar mode, or a recalculated minimum each month in percentage mode. Results are for educational purposes only.
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