Debt Payoff Calculator
Create a strategy to pay off credit cards and other debts faster
Payoff Strategy
Pay minimums on all debts, then put extra payments toward the highest interest rate debt first
$
Additional amount to pay beyond minimums
Your Debts
Credit Card 1
Balance:
$5,000
Interest:
18.99%
Min Payment:
$125
Type:
credit card
Credit Card 2
Balance:
$3,000
Interest:
22.99%
Min Payment:
$85
Type:
credit card
Auto Loan
Balance:
$15,000
Interest:
6.5%
Min Payment:
$350
Type:
auto loan
Total Debt
$0
Monthly Payment
$0
Payoff Time
0y 0m
Total Interest
$0