[ Tools ] Calculator

    Personal loan payoff calculator.

    Find out how early you can clear a personal loan with extra monthly payments or a lump sum, and exactly how much interest that saves.

    ► Your personal loan
    Example numbers, type over them
    I know my
    ► Extra each month

    Paid on top of the regular payment, straight to principal.

    $0$1,500
    ► With your extra payments
    ► Paid off in
    3 yrs 1 mo
    around month 37
    ► Sooner by
    11 mo
    on schedule: month 48
    ► Interest saved
    $835
    $2,614 instead of $3,450
    ► Total you'll pay
    $14,614
    $396.87 a month
    regular payments onlywith extra payments
    today4 yrs
    Track every loan in one place.

    Debtless keeps all your debts on one plan and moves your debt-free date as you pay. 7-day free trial on iPhone.

    Download on the App Store

    Get the most from each extra dollar.

    1. [ 01 ]

      Confirm simple interest

      Ask the lender or read the agreement. Simple-interest loans reward early payoff; precomputed ones do not.
    2. [ 02 ]

      Automate the extra

      Set the extra to go out the day after payday. Money that never reaches the checking account is easy to save.
    3. [ 03 ]

      Send windfalls

      Refunds and bonuses as lump sums. The calculator shows what each one does to the date.
    4. [ 04 ]

      Do not refill the cards

      If this loan consolidated cards, the cards stay empty. Otherwise the loan just added a payment.

    See the whole picture.

    A personal loan is usually one of several debts. The debt-free date calculator takes all of them and shows when you are completely done, and the snowball vs avalanche page shows which to attack first.

    Keep going.

    Loan payoff calculator

    Any loan: how soon you're done with extra payments or a lump sum.

    Car loan payoff calculator

    Pay the car off early and see the interest you skip.

    Credit card minimum payment calculator

    How long minimums really take, and what a fixed payment does instead.

    Loan payoff spreadsheet

    Excel and Google Sheets calculator with extra payments and a lump sum.

    [ App ] In your pocket

    The same plan, kept for you.

    Debtless does this math from the payments you log and moves the date every month. 7-day free trial on iPhone.

    Download on the App Store
    Debtless app screen: Debt-free has a date
    ► Debt-free has a date

    One card, one number, one day you hit zero.

    Debtless app screen: Avalanche or snowball
    ► Avalanche or snowball

    Pick the order, see the date move, switch any time.

    Debtless app screen: Debby, the coach
    ► Debby, the coach

    Answers with your real balances, rates and budget.

    Questions, answered.

    Your debt‑free date is closer than you think.

    Add your debts, pick a strategy, and watch the date move.

    Download on the App Store

    Free download · 7-day free trial