Enter each debt’s balance, APR and minimum payment from your statements, plus any extra amount you can pay each month. The calculator estimates how many months it takes to pay everything off, the total interest, and the order in which the debts are paid off.

Your debts

Debts (from your statements)
Your plan
On top of all minimums. 0 is fine.
Order

Estimated payoff

Enter your debts to see an estimate.

Estimate only. Not an offer, and not financial advice. Your lenders' statements control.

Assumptions

  • Interest compounds monthly: each month, the balance times APR ÷ 12 is added to each debt.
  • APRs are fixed. There are no new charges, fees, rate changes or missed payments.
  • Each month you pay every minimum plus the extra amount. Money freed when a debt is paid off goes to the next debt in the chosen order, so the total you pay each month stays the same.
  • Order is set at the start: highest APR first (avalanche) or smallest starting balance first (snowball). Ties keep the order you entered.
  • Minimum payments stay the same each month. Card minimums often fall as the balance falls, so a real minimums-only plan can take longer.
  • Amounts are not rounded to the cent, and the estimate stops at 600 months (50 years).

The calculator runs in your browser. We do not store or send the numbers you enter.

How the two orders work

  • Avalanche: extra money goes to the debt with the highest APR first.
  • Snowball: extra money goes to the debt with the smallest starting balance first.

In both, every debt gets its minimum payment each month. When a debt is paid off, its minimum is added to the payment on the next debt in the order. Results depend entirely on the numbers you enter.

What the estimate does not include

  • New purchases, fees, promotional rates or rate changes.
  • Minimum payments that change as the balance falls. The interest calculation on a statement can differ from APR ÷ 12, because many card issuers calculate interest daily (CFPB).
  • Any effect on your credit scores.

How our tools work

General information, not financial advice.

Sources

  1. How to get out of debt, Federal Trade Commission (accessed October 30, 2026)
  2. How does my credit card company calculate the amount of interest I owe?, Consumer Financial Protection Bureau (accessed October 30, 2026)

General information only; not financial, legal or tax advice. Moneysilk is not a lender and does not make credit decisions. Read our editorial standards and corrections policy.