Get out of debt faster

Enter your balance, the interest rate and what you can pay each month. The calculator simulates each payment and shows how many months it takes and how much interest you pay in total.

The schedule lists every payment with the interest and principal portions and the remaining balance, in monthly or yearly view. Paying even a little more each month can cut the time and interest significantly. Try raising the payment to see the difference. The result assumes a fixed rate and no new purchases.