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 December 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 December 2028, 2 yr 11 mo sooner than paying only the minimum.
Minimums only
Snowball
Avalanche
Balance over time
SeriesLabelValue
Minimums onlyAug 2026$19,000
Minimums onlySep 2026$18,695
Minimums onlyOct 2026$18,387
Minimums onlyNov 2026$18,075
Minimums onlyDec 2026$17,760
Minimums onlyJan 2027$17,442
Minimums onlyFeb 2027$17,120
Minimums onlyMar 2027$16,795
Minimums onlyApr 2027$16,465
Minimums onlyMay 2027$16,133
Minimums onlyJun 2027$15,796
Minimums onlyJul 2027$15,456
Minimums onlyAug 2027$15,111
Minimums onlySep 2027$14,763
Minimums onlyOct 2027$14,411
Minimums onlyNov 2027$14,055
Minimums onlyDec 2027$13,694
Minimums onlyJan 2028$13,330
Minimums onlyFeb 2028$13,023
Minimums onlyMar 2028$12,740
Minimums onlyApr 2028$12,453
Minimums onlyMay 2028$12,162
Minimums onlyJun 2028$11,867
Minimums onlyJul 2028$11,567
Minimums onlyAug 2028$11,264
Minimums onlySep 2028$10,955
Minimums onlyOct 2028$10,643
Minimums onlyNov 2028$10,325
Minimums onlyDec 2028$10,003
Minimums onlyJan 2029$9,676
Minimums onlyFeb 2029$9,345
Minimums onlyMar 2029$9,008
Minimums onlyApr 2029$8,667
Minimums onlyMay 2029$8,320
Minimums onlyJun 2029$7,969
Minimums onlyJul 2029$7,611
Minimums onlyAug 2029$7,249
Minimums onlySep 2029$6,881
Minimums onlyOct 2029$6,507
Minimums onlyNov 2029$6,128
Minimums onlyDec 2029$5,743
Minimums onlyJan 2030$5,532
Minimums onlyFeb 2030$5,326
Minimums onlyMar 2030$5,116
Minimums onlyApr 2030$4,901
Minimums onlyMay 2030$4,681
Minimums onlyJun 2030$4,456
Minimums onlyJul 2030$4,227
Minimums onlyAug 2030$3,992
Minimums onlySep 2030$3,752
Minimums onlyOct 2030$3,506
Minimums onlyNov 2030$3,255
Minimums onlyDec 2030$2,998
Minimums onlyJan 2031$2,735
Minimums onlyFeb 2031$2,467
Minimums onlyMar 2031$2,192
Minimums onlyApr 2031$1,912
Minimums onlyMay 2031$1,625
Minimums onlyJun 2031$1,331
Minimums onlyJul 2031$1,031
Minimums onlyAug 2031$724
Minimums onlySep 2031$411
Minimums onlyOct 2031$90
Minimums onlyNov 2031$0
SnowballAug 2026$19,000
SnowballSep 2026$18,445
SnowballOct 2026$17,886
SnowballNov 2026$17,322
SnowballDec 2026$16,754
SnowballJan 2027$16,182
SnowballFeb 2027$15,604
SnowballMar 2027$15,020
SnowballApr 2027$14,430
SnowballMay 2027$13,834
SnowballJun 2027$13,232
SnowballJul 2027$12,624
SnowballAug 2027$12,009
SnowballSep 2027$11,388
SnowballOct 2027$10,761
SnowballNov 2027$10,127
SnowballDec 2027$9,486
SnowballJan 2028$8,839
SnowballFeb 2028$8,178
SnowballMar 2028$7,502
SnowballApr 2028$6,810
SnowballMay 2028$6,103
SnowballJun 2028$5,381
SnowballJul 2028$4,642
SnowballAug 2028$3,886
SnowballSep 2028$3,113
SnowballOct 2028$2,324
SnowballNov 2028$1,516
SnowballDec 2028$690
SnowballJan 2029$0
AvalancheAug 2026$19,000
AvalancheSep 2026$18,445
AvalancheOct 2026$17,881
AvalancheNov 2026$17,308
AvalancheDec 2026$16,726
AvalancheJan 2027$16,135
AvalancheFeb 2027$15,533
AvalancheMar 2027$14,922
AvalancheApr 2027$14,301
AvalancheMay 2027$13,669
AvalancheJun 2027$13,027
AvalancheJul 2027$12,375
AvalancheAug 2027$11,711
AvalancheSep 2027$11,036
AvalancheOct 2027$10,350
AvalancheNov 2027$9,653
AvalancheDec 2027$8,943
AvalancheJan 2028$8,222
AvalancheFeb 2028$7,488
AvalancheMar 2028$6,741
AvalancheApr 2028$5,979
AvalancheMay 2028$5,202
AvalancheJun 2028$4,410
AvalancheJul 2028$3,603
AvalancheAug 2028$2,780
AvalancheSep 2028$1,942
AvalancheOct 2028$1,098
AvalancheNov 2028$246
AvalancheDec 2028$0

The order you clear them

1Medical billcleared February 2028
2Credit cardcleared August 2028
3Car loancleared December 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 January 2027 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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