When will I be debt-free?
Enter what you owe, the interest rate and what you pay each month. You'll see the month you'll be free and how much interest you'll pay. Free, no sign-up, and nothing you type leaves your device.
Got more than one debt?
The Debt Payoff Planner spreadsheet lists all your debts, compares snowball and avalanche, and shows the order to pay them off and your debt-free date. Excel and Google Sheets. No app, no sign-up, no subscription.
How it works
The sum
Each month, interest is added (your yearly rate divided by 12), then your payment comes off. This repeats until the balance reaches zero. The last payment is only what's left.
It's an estimate
Lenders may work out interest daily, add fees, or change the rate, so your real date can differ a little. It assumes no new spending on the debt. This is a planning tool, not financial advice.
Got more than one debt?
The Debt Payoff Planner lists all your debts and compares paying the smallest first (snowball) with the highest interest first (avalanche).