Back to Free Tools / Debt Payoff Calculator Enter Your Debts Debt Name Balance $ Interest Rate (%) Min. Payment $ Add Another Debt Payoff Strategy Choose Strategy Debt Avalanche (Highest Interest First) Debt Snowball (Lowest Balance First) Extra Monthly Payment $ Calculate Payoff Plan Summary Payoff Schedule Date Debt Payment Principal Interest Remaining Share Share Copy Link Twitter Facebook Related Tools Budget Calculator Plan a monthly budget and spot savings. Savings Tracker Track progress toward your goals.