Use the multiple-debt planner when priorities matter
Choose the Debt Payoff Planner when you have two or more balances and want to compare which debt receives extra money first while keeping one overall monthly budget.
MonetAdvice Debt Tools
Debt Payoff Tools and Calculators
Choose what you want to calculate, then use your own balances, APRs, and payments to explore an educational payoff scenario.
Choose what you want to calculate
Compare multiple debts
Build one payoff plan across credit cards, personal loans, auto loans, medical debt, and other consumer balances.
Pay off one credit card
Estimate one card's payoff date, total interest, total paid, and month-by-month payment schedule.
Estimate minimum-payment cost
Use the payment from your statement to estimate how long the balance could last and how much interest it could generate.
Test an extra monthly payment
Compare your regular payment with a larger monthly amount to estimate time and interest saved.
Compare Snowball vs Avalanche
See the estimated payoff-time and interest difference between smallest-balance-first and highest-APR-first strategies.
How to choose a debt calculator
Use the single-card calculator for one focused payoff
Choose the Credit Card Payoff Calculator when you want a focused timeline, interest estimate, extra-payment comparison, and schedule for one revolving balance.
Snowball and Avalanche answer different questions
Snowball targets the smallest active balance and may create earlier account closures. Avalanche targets the highest active APR and usually minimizes estimated interest. Compare Both shows the difference using the same monthly budget.
Understand the calculation limits
Results are estimates. Actual lenders may use daily interest, different statement timing, fees, changing minimums, promotional rates, and payment-allocation rules. Review the Methodology and Sources before relying on a scenario.