What’s the difference between this and the Snowball/Avalanche calculators?

This tool shows each debt paid off independently at its own minimum payment. Snowball and Avalanche add a shared extra budget directed strategically at one debt at a time, which pays everything off faster.

Debt Payoff Calculator

Loans & Debt

See the payoff timeline and total interest for multiple debts paid at their minimum payments.

Display currency

Changing the display currency only changes the symbol shown — amounts aren't converted, since this tool doesn't use live exchange rates.

Debt name	Balance	APR %	Min. payment

Debt-free in

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Total interest paid

Payoff order

How this is calculated

Each debt is amortized independently at its own balance, rate, and minimum payment, simulated month by month until every balance reaches zero.

Frequently asked questions

What’s the difference between this and the Snowball/Avalanche calculators?: This tool shows each debt paid off independently at its own minimum payment. Snowball and Avalanche add a shared extra budget directed strategically at one debt at a time, which pays everything off faster.

Debt Snowball Calculator

Pay off your debts smallest-balance-first and see your full payoff order and timeline.

Debt Avalanche Calculator

Pay off your debts highest-interest-first to minimize total interest paid.

Extra Payment Calculator

See exactly how much time and interest an extra monthly payment saves on any loan.