Debt Payoff Calculator
Estimate how long it will take to pay off your debt based on your balance, interest rate, and monthly payment.
Based on your inputs, your estimated payoff timeline and total interest cost are shown below.
Estimate Your Debt Payoff Timeline
$500 – $100,000
0% – 35%
$25 – $5,000
Estimated Time to Debt-Free
56 months
Total Interest Paid
$7,210.43
Total Amount Paid
$22,210.43
Debt Payoff Calculator FAQs
How accurate is this calculator?
Estimates assume a fixed interest rate and consistent payments.
What if my payment is too low?
If your payment doesn’t cover interest, your balance will not decrease.
Can I use this for multiple debts?
Yes. Combine balances to estimate an overall payoff timeline.
Disclaimer: This calculator provides estimates only and does not constitute financial advice.