Debt Payoff Planner
Total Debt
$0
Minimum Monthly Payment
$0
Debt Free In
N/A
Payment Strategy
Snowball: Pay off smallest balances first (boosts motivation)
Avalanche: Pay off highest interest rates first (saves most money)
Adding extra payments can significantly reduce your debt payoff timeline.
Your Debts
You don't have any debts added yet.
Click the "Add Debt" button above to start tracking your debts.
Pro Tip
Compare both payoff methods to see which one works best for your situation. While the avalanche method saves you more money in interest, the snowball method gives you quick wins that keep you motivated.
Add extra payments: Even small additional payments each month can dramatically reduce your total payoff time and save you money in interest.
Automatic payment tracking: When you add a debt here, a recurring transaction is automatically created in the Recurring Transactions page to help you track your monthly payments.