Debt Payoff Planner

Create a plan to eliminate your debt using the snowball or avalanche method.

Choose Your Strategy

Both methods work - pick the one that motivates you most.

Snowball Method

Pay off smallest balance first. Great for quick wins and motivation.

Payoff time: 26 months

Avalanche Method

Pay off highest interest first. Saves the most money overall.

Payoff time: 26 months

Your Debts

Total: $50,000.00

Balance

Interest Rate

Min. Payment

Extra Monthly Payment

Any extra amount you can put toward debt each month

Debt Payoff Timeline

Payoff Summary

Debt-Free In

26 months

(2.2 years)

Total Interest

$14,493.64

Monthly Payment

$2,500.00

$2,500.00 minimum + $0.00 extra

Progress0%

Start making payments to track progress

For information only. These calculations are estimates and may differ from actual loan terms, fees, or rates. Always confirm with your financial institution before making decisions.