Debt Payoff Calculator

The Debt Payoff Calculator helps you compare repayment strategies and quantify the cost and timeline impact of each approach. It is designed for users deciding between interest-optimized methods and behavior-focused methods, including avalanche and snowball. The route is most effective when your debt list is complete and monthly cash-flow constraints are realistic, since strategy quality depends on consistent execution. Evaluate total interest, payoff date, and payment allocation across scenarios, then choose a method you can maintain through changing expenses and income volatility. Use this output with budget planning so extra payments are intentional and repeatable. Once repayment milestones are reached, redirect cash flow to emergency reserves and long-term investing to keep financial progress compounding. Compare avalanche, snowball, and minimum-payment strategies to reduce interest cost and become debt-free faster. Review assumptions before acting and compare more than one scenario to reduce planning risk.