Designed for US and Canadian borrowers to understand loan interest and accelerate debt freedom.
Last Updated: March 2026
Start CalculatingSmart Debt Planner was created to provide clear, transparent financial tools that help individuals understand debt relief strategies and the real cost of loan interest. Many borrowers underestimate how much compound interest increases total repayment cost, especially with credit cards and student loans.
This platform allows users to simulate repayment strategies, test extra payment scenarios, and compare the debt snowball and debt avalanche methods. By visualizing repayment progress through interactive charts and amortization tables, users gain a clearer understanding of how small changes in monthly payments reduce overall loan interest.
Whether you are managing credit card balances, personal loans, or student debt, this calculator supports responsible financial planning by offering transparent projections. It is designed for educational purposes and does not replace professional financial advice.
Enter your current balance, interest rate, and monthly payment. Adjust extra payments to see how your debt relief timeline changes. Use the comparison tool to determine whether the snowball or avalanche strategy aligns with your goals.
Our mission is to promote financial clarity and empower individuals with simple tools that make complex loan interest calculations understandable.
This tool was developed to provide transparent financial education resources for individuals seeking structured debt repayment strategies.
“The payoff chart made loan interest easy to understand.”
— Amanda R.“Comparing snowball vs avalanche helped me build a smarter debt relief plan.”
— Jason M.Email: payoffmydebtnow@gmail.com