See how fast you can clear multiple debts and how much interest you will pay, using the snowball or avalanche method.
The snowball method pays off the smallest balance first for quick wins and motivation. The avalanche method pays the highest interest rate first, which saves the most money overall. This tool shows the result of either.
It pays the minimum on every debt each month, then puts all the spare money from your budget onto one target debt (chosen by your strategy). When a debt is cleared, its payment rolls onto the next, which is what accelerates payoff.
If your total monthly payment is less than the sum of all minimum payments, the balances cannot shrink. Increase the monthly amount above the combined minimums to make progress.