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Debt payoff calculator.

See how long until you’re debt-free and how much interest you’ll pay — then let Hunch track every balance for you.

$8,000
19.99%
$300/mo
Advanced options
$/mo
Time to pay off
3 yr
36 payments at 19.99% APR
Total interest$2,667
Total paid$10,667
Monthly payment$300/mo
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Estimate only, assuming a fixed rate and payment with no new charges.
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Good to know

How the debt payoff calculator works

Enter a balance, its interest rate and your monthly payment to see how long until it’s gone and how much interest you’ll pay along the way. Paying more than the minimum shortens the timeline dramatically because less of each payment is lost to interest.

Why does a small extra payment help so much?

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Every extra dollar goes straight at the principal, which shrinks the balance that future interest is charged on. Even $50 more a month can cut months or years off high-interest debt.

What if my payment barely covers the interest?

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If the payment is at or below the monthly interest, the balance never falls — the calculator will flag this. You need to pay more than the interest to make real progress.

Snowball or avalanche?

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The avalanche method (highest interest rate first) saves the most money; the snowball method (smallest balance first) builds momentum with quick wins. Both work — pick the one you’ll stick with.

How does Hunch help me pay off debt?

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Hunch tracks every balance in one place and its AI can suggest how much to put toward debt each month based on your real cash flow.