Free Debt Payoff Calculator

Debt-Free Date Calculator

Enter your card balances and see your debt-free date calculated with daily interest math, the same way your bank does it.

$1.3T
US CC debt · 2026
24.9%
Avg penalty APR
$6,240
Avg interest per household
100%
Privacy · Runs locally
How it works

How it works: 4 steps to your payoff plan

1

Add your cards

Enter balances and APRs manually, or pick from 156 bank templates. No Plaid, no login, no sharing credentials.

2

Pick a strategy

Avalanche saves the most money. Snowball builds momentum. We show you both — in real dollars, for your exact situation.

3

See your date

Your debt-free date and interest savings appear instantly, calculated daily — the same way your bank does it.

4

Follow the plan

The Command Center tells you exactly what to pay each week. Mark payments, watch balances drop, build the habit.

Your cards

2 cards
Card #1
$
%
$
mo
Card #2
$
%
$
mo
$
Your debt-free dateJan 2040
166 months until freedom
$79,568Interest saved
$27,932Total interest

Payoff trajectory

We use daily interest accrual (APR ÷ 365 × daily balance), matching how your bank actually charges interest.

The Science of Payoff

Two strategies.
We'll show you the numbers for both.

Banks charge interest daily. The order you pay off your cards changes how much you pay in total. Pick the approach that fits how you think.

The Math Strategy
Avalanche
Pay highest APR first. Mathematically optimal.
Saves an average of $840 more than snowball.
The Brain Strategy
Snowball
Pay lowest balance first. Psychologically superior.
Higher completion rates due to early psychological wins.
The Best of Both
Hybrid
Blends math and momentum. Adapts when your situation changes.
Unlock with a free account.

Take your plan off the calculator

Create a free account and get a daily payoff plan based on your exact balances. No bank login, no subscription required to start.

Daily payment reminders
Balance tracking with daily interest math
Switch strategies anytime
Your data stays on your device
Free to use · No credit card required · 2 minutes to set up