A simpler way to pay off debt
Debt feels overwhelming when it’s just a pile of statements and due dates. The way out is a plan — and a plan starts with clear numbers. The free debt payoff calculators on this site turn your balances, interest rates and payments into something you can act on: a debt-free date, a total-interest figure, and a clear answer to "what should I pay, and on which debt first?"
Start by seeing the whole picture
Before choosing a strategy, total up what you owe. Our guide on how to find out how much debt you owe walks through using your free credit reports to build a complete list of balances, rates and minimum payments. With that list, the rest is straightforward.
Choose a payoff method that fits you
The two most effective approaches are the debt snowball (clear the smallest balance first for quick motivation) and the debt avalanche (attack the highest interest rate first to save the most money). Both roll each cleared debt’s payment into the next, accelerating your progress. The debt eliminator runs both on your real debts and shows the exact difference in time and interest, while our snowball vs. avalanche guide helps you decide.
Lower your interest where it makes sense
The less interest you’re charged, the faster your balances fall. Depending on your credit and goals, that might mean a balance transfer, a fixed-rate consolidation loan, or a debt management plan through a nonprofit credit counseling agency. Estimate a reduced-rate plan with the DMP calculator, and weigh the trade-offs in our debt consolidation guide.
Build the payment into your budget
A payoff plan only works if you can sustain it. The debt planner starts from your take-home pay and expenses to find a realistic amount to put toward debt each month — then projects your debt-free date. Even a small, consistent extra payment can remove years of interest, because every extra dollar of principal erases the future interest that dollar would have cost you.
Private by design
Every tool here runs entirely in your browser. We never ask you to create an account, and we don’t store or transmit the figures you enter. You get the math without handing over your financial details. When you’re ready to go deeper on a specific card or loan, the credit card payoff planner and personal loan payoff guide drill into the details.