Payoff Strategy
Compare strategies and find your path to debt freedom
Choose Your Strategy
Focus on highest interest debts first to minimize total interest paid
Add extra funds beyond minimum payments to pay off debts faster
Calculating your payoff strategy...
Step-by-Step Payoff Plan
Your journey to debt freedom, broken into milestones
Payoff Order
Focus on these debts in this order for optimal results
24-Month Payment Timeline
| Month |
Date |
Total Payment |
Principal |
Interest |
Active Debts |
With Extra Payments vs Minimum Only
Minimum Payments Only
Debt-Free Date:
-
Time to Freedom:
-
Total Interest:
-
With Extra Payments
Debt-Free Date:
Time to Freedom:
Total Interest:
No Active Debts
Add some debts to see your personalized payoff strategy
Chart of Accounts
Professional accounting system with double-entry bookkeeping