Everyday tool · ≈ 3 min · Credit cards & debt
Debt-Free Date Planner
Enter every debt and one extra monthly amount — get the calendar date you're done, debt by debt.
Your debts
Showing example defaults — change any input to use your own
Your calendar
Projected debt-free date
June 2029
Minimums on everything plus $250/month aimed highest-rate-first clears $23,500 in 2 yr 9 mo — with each freed-up payment rolling into the next debt automatically.
- Time to debt-free
- 2 yr 9 mo
- Total interest along the way
- $3,486
- Payoff order
- Credit card → Personal loan → Car loan
When each debt dies
View data table
| Debt | Paid off | Months from now |
|---|---|---|
| Credit card | April 2028 | 19 |
| Personal loan | July 2028 | 22 |
| Car loan | June 2029 | 33 |
What this may mean for you
Write June 2029 somewhere you'll see it — a date does what a vague goal can't. Then try nudging the extra amount up $$50 and watch the date move; the distance between someday and a circled month is usually smaller than expected.
Results are estimates for educational purposes and may not reflect your complete financial or tax situation.
Understanding this calculator
A payoff plan becomes real when it has a date. This planner runs your full debt list month by month — minimums on everything, your extra aimed at one target at a time, freed-up payments rolling forward — and returns the calendar month each balance dies and the month you're done entirely.
Put the final date somewhere you'll see it. Then notice how it moves when you nudge the extra payment: the distance between 'someday' and a date you can circle is usually smaller than people expect.
Assumptions and methodology
- Monthly simulation in avalanche order (highest APR first): interest accrues, minimums are paid, the extra targets one debt, and cleared minimums roll into the next.
- Dates are projected from today at one-month granularity, assuming fixed APRs and no new borrowing.
Official sources
Last reviewed August 30, 2026. Year-specific figures show their tax or data year in the tool; data is reviewed when the IRS, SSA, and CMS publish annual updates.
Common questions
Can I see snowball order instead?
The Snowball vs. Avalanche comparison shows both methods' timelines and interest side by side; this planner uses avalanche for the date because it's never slower in total.
Next step
See how this fits your whole retirement
One number is a start. The plan builder puts income, spending, savings, and taxes together year by year — free, no account, and every answer can be changed later.
Keep going
- Snowball vs. AvalancheBuild a payoff plan across all your debts and compare the avalanche and snowball methods.Calculator
- Consolidation CompareCompare keeping your debts against rolling them into one loan — at the same monthly outlay, with fees included.Calculator
- Savings GoalTurn a savings target into either a monthly amount or a realistic finish date — with interest doing its share.Calculator
Want a professional's take? Downshift can introduce you to a financial advisor, CPA, or retirement planner who can talk through what these numbers mean for you — free to you, no obligation.
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