Debt Payoff Calculators
Brittany 
If you're wanting to get rid of your debt payments, a debt payoff calculator is a great tool to use.
Here are 3 of the best (completely free) calculators:
Vertex42 - if you're not sure which debt payoff method to use
- Easily compare the different debt payoff methods
- Shows you the amount of interest you will pay and your debt payoff date with each method.
- Lets you customize your payoff method.
- Gives you a payment schedule.
- Lets you download the file to keep without re-entering your info.
- It is a spreadsheet download. All of the formulas are created and you don't need to know how to work spreadsheets - you just enter in your info.
Debt Snowball Calculator - if you want to use the debt snowball method
If you want to use the debt snowball method, there are a lot of calculator's out there. Dave Ramsey’s calculator is my favorite.
- It's very simple to use.
- It will show you your debt payoff date.
- It lets you add in extra monthly payments to see how much faster you can pay off your debt.
- It doesn't let you add in extra 1-time payments (like a bonus or tax refund).
Calculator.net - if you want to use the debt avalanche method
- It's very simple to use.
- It lets you add in extra monthly payments, extra yearly, and extra 1-time payments. This is great if you get a bonus, sell something, etc...
- It tells you how long it will take to pay off your debt, but doesn't give you an exact date.
Have you ever used a debt payoff calculator? If so, which one?