Debt Payoff

Budget-Based Debt Payoff Calculator

Turn your monthly budget into a payoff plan. Enter income + expenses to estimate your payoff pool, then simulate Snowball or Avalanche.

Read about it

Monthly Budget

$

Fixed expenses (monthly)

Rent/mortgage, insurance, subscriptions, etc.

Variable expenses (monthly)

Groceries, gas, dining, fun, etc.

Debts

Enter each debt’s balance, APR, and minimum payment. Your payoff pool will be added on top of minimums.

$
Strategy
Avalanche (Highest Interest First)
Debt Free In
0 Months
Total Interest
$0
Payoff Date
-
Net Income $0
Total Expenses $0
Payoff Pool $0
Total Minimums $0
Total Debt Budget $0
Tip: reduce variable expenses to increase your payoff pool.

Charts

Visualize your payoff timeline. Charts update instantly as you change inputs.

Total Balance Over Time
Cumulative Interest Paid

What Is Budget-Based Debt Payoff?

This method uses a simple idea: your budget determines how much extra you can pay each month.

  • Payoff pool = net income − (fixed expenses + variable expenses) − buffer
  • Minimum payments are still paid on all debts
  • The payoff pool is applied using Snowball or Avalanche rules

If your pool is negative, the fastest “payoff” improvement is increasing income or reducing variable spending.

FAQ

Why include a safety buffer?

A small buffer helps absorb surprises so you don’t have to “break” your payoff plan when expenses fluctuate.

Which strategy should I pick?

Avalanche usually saves the most interest; Snowball can be easier to stick with because of early wins.

This is a planning tool, not financial advice.