This interactive Debt Payoff Template & Calculator gives you a clear, step-by-step path to becoming debt-free—without complicated formulas or financial jargon.

You’ll enter your real numbers once, choose how aggressive you want to be, and the calculator does the rest.

What This Tool Does

Track up to 15 debts in one place
Automatically calculates:
- Monthly interest accrual
- Payment order
- Exact payoff dates for each debt
Shows how extra payments accelerate your timeline

You’ll know exactly when each balance will be gone and what it’s costing you until then.

What You Can Customize

Debt name (credit card, loan, etc.)
Current balance
Interest rate
Minimum payment
Any extra monthly payment you want to apply

You can also model one-time or irregular payments, including:

Tax refunds
Holiday bonuses
Side hustle or gig income
Extra pay periods
Any additional lump sums

Instantly see how those payments:

Reduce total interest
Shorten your payoff timeline
Eliminate debts faster

Why This Works

The power isn’t motivation—it’s precision.

Instead of wondering:

“What should I pay first?”
“Is this enough?”
“Am I doing this right?”

You’ll have an exact plan:

Exact amounts
Exact dates
Exact outcomes

All you have to do is send the money to the creditor and follow the steps.

Who This Is For

Anyone tired of guessing with debt
Educators and families who want clarity, not complexity
People who want a realistic plan that works with their income not against it

What You Get

Interactive debt payoff calculator
Custom formulas (already built in)
Clear monthly breakdowns
A repeatable system you can adjust as life changes