Free Debt Payoff Calculator
See exactly when you will be debt-free. Enter each card's balance, APR and minimum payment, add whatever extra you can put toward debt each month, and this calculator shows the snowball and avalanche plans side by side — how many months each takes, the total interest, and how much the smarter one saves you.
It runs entirely in your browser: your numbers are never uploaded. When you are ready, download your personal payoff plan as a PDF.
How it works
Enter your debts
Add each credit card or loan with its balance, APR and minimum monthly payment.
Add your extra payment
Type how much more than the minimums you can put toward debt each month — even $50 changes the picture.
See your plan
Compare snowball vs. avalanche instantly, then download the plan as a PDF.
| Debt | Balance | APR % | Min / mo | |
|---|---|---|---|---|
With the Avalanche method you’re debt-free in
1 yr 10 mo · Jun 2028
You’ll pay $1,404 in interest — and the Avalanche method saves you $107 versus Snowball.
Highest APR first · least interest
- Debt-free in
- 1 yr 10 mo
- Payoff date
- Jun 2028
- Total interest
- $1,404
Smallest balance first · quick wins
- Debt-free in
- 1 yr 10 mo
- Payoff date
- Jun 2028
- Total interest
- $1,511
Get your plan as a PDF
Your personal payoff plan, plus the free Debt Freedom Starter Kit.
Everything runs in your browser — your numbers are never uploaded. This is an educational estimate (interest at APR ÷ 12, fixed payments), not financial advice.
FAQ
What is the difference between snowball and avalanche?
The debt snowball pays off the smallest balance first for quick, motivating wins. The debt avalanche pays off the highest-APR debt first, which costs the least interest overall. This calculator shows both so you can pick the one you will actually stick with.
Are my numbers uploaded anywhere?
No. The whole calculation runs in your browser — your balances and rates are never sent to a server. Only if you choose to email yourself the PDF do we store your email address, to send the plan and the free starter kit.
How accurate is it?
It simulates your payoff month by month, charging interest at your APR divided by 12 on the remaining balance and keeping your payments constant. Real cards vary — minimums usually shrink as the balance falls and rates can change — so treat the result as a close, honest estimate, not a promise.
Is it really free?
Yes. The calculator is free with no sign-up, like every EasyLife tool that runs in your browser. You only enter an email if you want the PDF plan and the free Debt Freedom Starter Kit.
Does it work on my phone?
Yes. It runs in any modern browser on phone, tablet or computer.