Debt Payoff Planner

Map out strategies to eliminate debt using the snowball or avalanche method with projected payoff dates.

Debt-free in

Based on your current plan

8 years31 mo faster

Total interest paid

Across all debts

$8,488.29$3,144.87 saved

Balance starting point

Combined principal

$49,800.00

Monthly commitment: $875.00

Strategy focus

Payoff priority order

Avalanche

Credit card → Auto loan → Student loan

Balance trajectory

Watch your total outstanding balance shrink as minimums plus extra payments attack the priority account.

Month one payment

$875.00

Interest in first year

$2,655.32

Snowball momentum

Debt payoff stack

See how long each account sticks around and how much interest it costs over the life of the plan.

Debt	Months	Interest	Paid off
Credit cardAPR 19.99% · Minimum $125.00	20	$798.10	15.1%
Auto loanAPR 5.4% · Minimum $320.00	47	$2,014.55	10.7%
Student loanAPR 4.2% · Minimum $280.00	96	$5,675.63	16.6%

Optimization tips

Quick wins you can apply instantly to shave months and interest from your payoff path.

Add $50 more each month
Paying $50 more frees you 8 months sooner and saves $634.55.
Check minimum payment coverage
All minimums cover interest—extra cash will go entirely toward principal.
Snowball vs avalanche
Avalanche already minimizes interest. Switch to snowball if you want earlier wins at the cost of slightly more interest.
Celebrate early payoffs
Credit card is cleared in 1y 8mo. Roll its payment into the next debt to accelerate momentum.

Extra payments save you 31 months and $3,144.87

Debt Payoff FAQs