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DebtCalc365Free US debt repayment and budgeting tools

Debt planning tools • United States

Debt payoff, consolidation and repayment calculators

Model monthly debt payments, compare repayment methods and understand how interest changes your total cost. All tools are free, use your own figures, and work without an account.

Important: These are planning estimates, not lender offers, credit counseling, or personalized financial advice. Actual billing, interest accrual, fees and payoff quotes may differ.

1. Fixed-payment debt payoff

Debt balance ($)Annual interest rate (%)Monthly payment ($)

Enter your numbers and select Calculate.

2. Payment needed by a target date

Debt balance ($)Annual interest rate (%)Months to repay

Enter your numbers and select Calculate.

3. Debt snowball vs avalanche

First debt balance ($)First debt APR (%)First debt minimum ($)Second debt balance ($)Second debt APR (%)Second debt minimum ($)Total monthly payment budget ($)

Enter your numbers and select Calculate.

4. Debt-to-income ratio

Monthly debt obligations ($)Gross monthly income ($)

Enter your numbers and select Calculate.

5. Consolidation loan comparison

Current debt total ($)Current weighted-average APR (%)New loan APR (%)Loan term (months)Origination fee (%)

Enter your numbers and select Calculate.

6. Extra-payment savings

Debt balance ($)APR (%)Current monthly payment ($)Extra payment per month ($)

Enter your numbers and select Calculate.

Estimated payoff balance chart

The fixed-payment and extra-payment tools update this chart with projected balances by month. It assumes no new borrowing, constant APR, and monthly compounding.

How to interpret the results

A payment that barely covers interest may take decades to repay a balance. If your payment does not exceed estimated monthly interest, the fixed-payment calculator will flag the scenario rather than pretending the debt will be paid off.

For avalanche versus snowball, the two-debt model applies minimums and then directs any remaining budget to either the higher-APR debt (avalanche) or the smaller starting balance (snowball). It carries freed-up payments to the remaining debt. Real creditor minimum-payment rules may change.

Debt-to-income (DTI) compares required monthly debt payments with gross monthly income. It is not the same as your total balance divided by income; lenders can use different qualifying obligations.

Use these tools with real statements

Gather each debt balance, APR, minimum required payment, promotional-rate end date, and any origination or transfer fees. Enter the same total monthly budget when comparing strategies.

Compare both time to payoff and total interest. A consolidation loan with a lower APR can still cost more if it extends the repayment term or adds fees. Always review the actual loan disclosures.