Debt Payoff Planner

Create a custom debt payoff plan using the avalanche or snowball method.

Payoff Strategy

Highest interest rate first (save the most money)

Your Debts

Debt Name

Balance ($)

APR (%)

Min Payment ($)

Debt Name

Balance ($)

APR (%)

Min Payment ($)

Debt Name

Balance ($)

APR (%)

Min Payment ($)

Extra Monthly Payment

per month above minimums

Time to be debt-free

10y 6m

Total Interest$10,799

Monthly Payment880

Payoff Order

1

Credit Card

5,000 @ 22.99% APR

Focus

2

Car Loan

12,000 @ 6.5% APR

3

Student Loan

25,000 @ 4.5% APR

How it works

1. Pay minimums on all debts
2. Put extra 200/month toward #1
3. When #1 is paid, roll its payment to #2
4. Repeat until debt-free!