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Debt payoff calculator
Add your cards and loans to see when you'd be debt-free, and compare the avalanche and snowball methods.
DebtBalance $APR %Minimum $
Debt-free in aboutExample
2 years 3 months
Paying $200 extra, highest rate first.
- Interest paid
- $3,101
- Minimums only
- 4 years 8 months, $7,199 interest
- Highest rate first (avalanche)
- 2 years 3 months · $3,101
- Smallest balance first (snowball)
- 2 years 3 months · $3,218
Avalanche usually costs less. Snowball clears whole debts sooner, which some people find easier to stick with. Assumes no new charges and fixed rates.
- Assumes no new charges and that rates stay the same.
- Card minimums often shrink as the balance falls. This keeps them fixed, which is the faster case.
- Estimates only, for planning. This isn't an offer of credit or advice about your situation.
Still years away?
If the minimums barely move your balances, see whether a debt relief program could be a steadier road out.
Check my debt relief options →