Calculators / Debt Payoff
A taste of the engine

Debt Payoff Calculator

See your real debt-free date, the interest you will pay, and how much faster a little extra gets you there. Computed month by month, to the cent.

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Your debts
⚠ This minimum is below the monthly interest, so on its own this balance would grow.
⚠ This minimum is below the monthly interest, so on its own this balance would grow.
⚠ This minimum is below the monthly interest, so on its own this balance would grow.
Even a small amount, redirected with a strategy, can save years.

Avalanche targets your highest interest rate first. It saves you the most money overall.

Debt-free in
around November 2028
Interest paid
with Avalanche
You save
vs minimums only
Heads up: with these balances, rates and payments, the debt does not fully clear within 50 years. Try increasing your extra payment, or check any minimum that is below its monthly interest.
Balance over time
Your plan reaches debt-free by November 2028, 2 yr 11 mo sooner than paying only the minimum.
Minimums only
Snowball
Avalanche
Balance over time
SeriesLabelValue
Minimums onlyJul 2026$19,000
Minimums onlyAug 2026$18,695
Minimums onlySep 2026$18,387
Minimums onlyOct 2026$18,075
Minimums onlyNov 2026$17,760
Minimums onlyDec 2026$17,442
Minimums onlyJan 2027$17,120
Minimums onlyFeb 2027$16,795
Minimums onlyMar 2027$16,465
Minimums onlyApr 2027$16,133
Minimums onlyMay 2027$15,796
Minimums onlyJun 2027$15,456
Minimums onlyJul 2027$15,111
Minimums onlyAug 2027$14,763
Minimums onlySep 2027$14,411
Minimums onlyOct 2027$14,055
Minimums onlyNov 2027$13,694
Minimums onlyDec 2027$13,330
Minimums onlyJan 2028$13,023
Minimums onlyFeb 2028$12,740
Minimums onlyMar 2028$12,453
Minimums onlyApr 2028$12,162
Minimums onlyMay 2028$11,867
Minimums onlyJun 2028$11,567
Minimums onlyJul 2028$11,264
Minimums onlyAug 2028$10,955
Minimums onlySep 2028$10,643
Minimums onlyOct 2028$10,325
Minimums onlyNov 2028$10,003
Minimums onlyDec 2028$9,676
Minimums onlyJan 2029$9,345
Minimums onlyFeb 2029$9,008
Minimums onlyMar 2029$8,667
Minimums onlyApr 2029$8,320
Minimums onlyMay 2029$7,969
Minimums onlyJun 2029$7,611
Minimums onlyJul 2029$7,249
Minimums onlyAug 2029$6,881
Minimums onlySep 2029$6,507
Minimums onlyOct 2029$6,128
Minimums onlyNov 2029$5,743
Minimums onlyDec 2029$5,532
Minimums onlyJan 2030$5,326
Minimums onlyFeb 2030$5,116
Minimums onlyMar 2030$4,901
Minimums onlyApr 2030$4,681
Minimums onlyMay 2030$4,456
Minimums onlyJun 2030$4,227
Minimums onlyJul 2030$3,992
Minimums onlyAug 2030$3,752
Minimums onlySep 2030$3,506
Minimums onlyOct 2030$3,255
Minimums onlyNov 2030$2,998
Minimums onlyDec 2030$2,735
Minimums onlyJan 2031$2,467
Minimums onlyFeb 2031$2,192
Minimums onlyMar 2031$1,912
Minimums onlyApr 2031$1,625
Minimums onlyMay 2031$1,331
Minimums onlyJun 2031$1,031
Minimums onlyJul 2031$724
Minimums onlyAug 2031$411
Minimums onlySep 2031$90
Minimums onlyOct 2031$0
SnowballJul 2026$19,000
SnowballAug 2026$18,445
SnowballSep 2026$17,886
SnowballOct 2026$17,322
SnowballNov 2026$16,754
SnowballDec 2026$16,182
SnowballJan 2027$15,604
SnowballFeb 2027$15,020
SnowballMar 2027$14,430
SnowballApr 2027$13,834
SnowballMay 2027$13,232
SnowballJun 2027$12,624
SnowballJul 2027$12,009
SnowballAug 2027$11,388
SnowballSep 2027$10,761
SnowballOct 2027$10,127
SnowballNov 2027$9,486
SnowballDec 2027$8,839
SnowballJan 2028$8,178
SnowballFeb 2028$7,502
SnowballMar 2028$6,810
SnowballApr 2028$6,103
SnowballMay 2028$5,381
SnowballJun 2028$4,642
SnowballJul 2028$3,886
SnowballAug 2028$3,113
SnowballSep 2028$2,324
SnowballOct 2028$1,516
SnowballNov 2028$690
SnowballDec 2028$0
AvalancheJul 2026$19,000
AvalancheAug 2026$18,445
AvalancheSep 2026$17,881
AvalancheOct 2026$17,308
AvalancheNov 2026$16,726
AvalancheDec 2026$16,135
AvalancheJan 2027$15,533
AvalancheFeb 2027$14,922
AvalancheMar 2027$14,301
AvalancheApr 2027$13,669
AvalancheMay 2027$13,027
AvalancheJun 2027$12,375
AvalancheJul 2027$11,711
AvalancheAug 2027$11,036
AvalancheSep 2027$10,350
AvalancheOct 2027$9,653
AvalancheNov 2027$8,943
AvalancheDec 2027$8,222
AvalancheJan 2028$7,488
AvalancheFeb 2028$6,741
AvalancheMar 2028$5,979
AvalancheApr 2028$5,202
AvalancheMay 2028$4,410
AvalancheJun 2028$3,603
AvalancheJul 2028$2,780
AvalancheAug 2028$1,942
AvalancheSep 2028$1,098
AvalancheOct 2028$246
AvalancheNov 2028$0

The order you clear them

1Medical billcleared January 2028
2Credit cardcleared July 2028
3Car loancleared November 2028

Avalanche vs Snowball

Same money, two orders. One saves the most interest, the other clears your first debt soonest for momentum.

Avalanche Selected
Interest paid$4,468
Debt-free in2 yr 4 mo
Snowball
Interest paid$5,785
Debt-free in2 yr 5 mo

Avalanche saves you $1,317 more in interest. Snowball clears your first debt around December 2026 for early momentum. Both are valid, it depends on whether you are driven more by math or by wins.

Avalanche and snowball are the start.
FinPal goes further.

In the app, you stop guessing. FinPal works from what you really earn and spend, so your plan leans only on the money you can actually spare and does not fall apart the first tight month. It aims at the finish line that matters to you, out of debt soonest, the least interest paid, or a monthly payment freed up, and finds the fastest way there. Want to clear one debt first, just for your own peace of mind? You can, and you will see exactly what it costs. All of it precise, hand-crafted math you can check, line by line.

See what FinPal can do for meOther calculators
In the app, you also get

Avalanche, snowball, your own order, or let FinPal optimize how every dollar splits across your debts.

MyBudget runs the plan from your real spending, so go over on dinner and watch your debt-free date shift, in actual numbers.

See exactly what you'll put toward debt months ahead: $300 most months, $200 the month a fifth weekly car payment lands.

No AI. Hand-crafted math.Every cent, simulated month by month.We never move your money.Built by a person, for people.
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