FREE FINANCIAL PLANNING TOOL

Debt payoff & strategy calculator

Start with one debt. Compare ways to pay it off on this page, then open any strategy for the details and next steps.

Start with one debt

Find your balance, APR and monthly payment on your latest statement or in your online account. Enter them below, then choose Compare my payoff options to see your payoff time and interest.

Balance you owe ($) ?The amount still owed on this debt.Annual interest rate / APR (%) ?Use the rate on this balance. Enter 0 for a true 0% rate.Current monthly payment ($) ?At least your required payment. We hold this dollar amount steady.

Advanced optionsOptional extra payments and additional debts. Your first calculation works without these.

More debtsOptional: add accounts to compare avalanche and snowball.

You can compare now with just the complete debts. An unfinished account is excluded and flagged; a blank rate is never treated as 0%.

Extra you could pay each month ($) ?Optional. Blank means $0 extra. This is one shared amount across all debts, not per account.

No signup required. Save or export your inputs only when you choose; sharing an AI review is optional. No amounts are sent to banks or included in calculator analytics.

Your payoff result will appear here.

Enter the three basic amounts, then select Compare my payoff options. Changing an amount clears the old result until you calculate again.

Save or reopen a planKeep editable inputs in this browser or download a file. No account needed.

Save a named scenario, then reopen it when your numbers or quote change. Plans contain your entered amounts, not verified offers or saved calculation results. Recalculate after loading.

Plan name

Open a OneDEAL plan file

Files and browser copies can contain financial details. This feature does not upload them or share them with lenders. Clearing browser data can erase browser copies.

How these estimates workPayment rules, limits and sources.

The current-payment baseline keeps the entered dollar payment on each debt, with no rollover. The three extra-payment plans maintain the same total payment budget, including freed payments. Interest is added monthly at annual rate ÷ 12; final payments are capped. Rates stay constant, there are no new charges, and the model ends at 600 months.

The credit-line scenario uses separate user-entered terms and a 30/360 daily-balance approximation. It includes financed setup costs and monthly sweep fees. Total spent counts debt principal plus financing costs; it does not count money borrowed back for living costs as new debt principal again. A payoff is shown only when the modeled balance is cleared.

The separate balance-transfer comparison uses one selected debt and the same explicitly allocated payment on both paths. It includes the entered promotional period, regular rate afterward, financed fee and remaining original balance. Its monthly interest is rounded to cents. Its saved plan preserves inputs; recalculate to review the results.

No result establishes affordability, credit eligibility or a lender’s actual payment schedule. Changing minimum-payment formulas and future rate changes beyond the entered promotional transition need separate review.

Sources checked October 2, 2026: CFPB debt repayment methods · CFPB guide to HELOCs.

All calculation methods