Debt Payoff Calculator
Want to be debt-free by a specific date? Enter your balance and target — we'll calculate the exact monthly payment you need.
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Goals:
Set your goal to see your required monthly payment.
Required Monthly Payment
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Total Interest
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Total You'll Pay
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Year-by-Year Breakdown
| Year | Interest Paid | Principal Paid | Remaining |
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How to Use This Calculator
By Target Months: Pick when you want to be debt-free (e.g. 12 months), and we calculate the monthly payment needed.
By Monthly Payment: Enter what you can afford per month, and we show you when you'll be debt-free.
Pro tip: Try "12 months" and see the payment — even a small increase in monthly payment dramatically shortens your debt timeline.