Debt Payoff Planner

How the debt payoff planner works

List each debt with its balance, APR, and minimum payment. The planner simulates your payoff month by month: every debt gets its minimum, your extra payment attacks the top-priority debt, and when a debt is paid off, its freed-up minimum rolls into the next one — the snowball effect that makes the last debts fall fastest. You’ll see your debt-free date, total interest, and the exact payoff order.

Avalanche or snowball — which should you pick?

Avalanche pays the highest interest rate first. It’s mathematically optimal — you can’t pay less interest any other way. Snowball pays the smallest balance first, which means quicker early wins and more motivation to stick with the plan. The honest answer: the best strategy is the one you’ll actually follow. The planner shows the real dollar difference between the two for your debts — if snowball only costs you $80, take the momentum; if it costs $4,000, maybe reconsider.

Is EggTally really free?

Yes. All four calculators are free, no signup, no ads. The optional Pro plan only adds cloud sync across devices.

Where does my data go?

Nowhere — it stays in your browser unless you sign up for Pro sync. We don't sell data or run ads either way.

Why does it say a debt never pays off?

Your minimum payment is less than the monthly interest, so the balance grows instead of shrinking. Raise the payment on that debt — even slightly past the interest amount — and a payoff date appears.

How much difference does an extra payment make?

Usually more than people expect, because every extra dollar goes straight to principal. Try $50 and watch the debt-free date move.