Clearcoin Plus

Debt-Free Date PlannerPlus preview

Free to try while Plus is in the works — see what else is included.

Juggling more than one debt makes it hard to answer a simple question: when will I actually be done? This tool combines up to three debts into a single payoff timeline, using the avalanche method — your extra payment always goes to whichever debt currently has the highest interest rate, which minimizes total interest across all of them.

Debt 1

Balance ($)

Interest rate (APR %)

Minimum payment ($)

Debt 2 (leave balance at 0 to skip)

Balance ($)

Interest rate (APR %)

Minimum payment ($)

Debt 3 (leave balance at 0 to skip)

Balance ($)

Interest rate (APR %)

Minimum payment ($)

Extra payment

Extra amount per month, on top of minimums ($)

Debt-free in0 months

Estimated debt-free date—

Total interest you'll pay$0

Payoff order (avalanche)—

This assumes minimum payments and the extra amount stay constant every month, and that the highest-rate debt always gets the extra payment first.

How this is calculated

The simulation runs month by month: interest accrues on every debt at its own rate, each debt's minimum payment is applied, and the extra amount is added entirely to whichever remaining debt currently has the highest APR. Once a debt is paid off, its minimum payment amount joins the extra pool and accelerates whatever's left — the same "snowball rolling downhill" effect that makes payoff speed up near the end.

If you're deciding between this method and paying off the smallest balance first for motivation, see avalanche vs. snowball — this tool always uses avalanche order, since it minimizes total interest.