When could you be debt-free?
Choose a timeline and see the monthly payment it would take to get there.
See your target payment
Illustrative previewHere’s what choosing a timeline could show you.
Pick your date
Set a timeline that fits
Choose how many months you’d like to be done in and see when that lands.
Know your payment
See the monthly amount
Find the payment it takes to reach your date, and the interest along the way.
Understand your results
Extra payments go toward your principal balance, which can help you pay off debt sooner and reduce the total interest you pay. This calculator uses a simplified fixed-rate, fixed-payment model to show illustrative results. Actual results may vary based on your lender’s terms, payment allocation, and other factors.
Snowball vs. avalanche
Compare two popular strategies for paying off debt and find out which might fit your situation best.
Read the guideMaking extra payments
Learn how extra payments work, where they go, and simple ways to make them part of your plan.
Read the guidePlanning your debt-free date
Get practical tips to set a realistic timeline, stay motivated, and adjust your plan as life changes.
Read the guide