Payment mixMonthly
$0adjusted payment
Original payment$0.00
Redirected savings$0.00
Debt payoff planner
Turn spending changes into a faster payoff.
Keep your current path and adjusted path side by side while you explore the everyday expenses you could redirect.
Adjusted MoneyDebt payoff calculator results ·
Step 1 · Your debt
Set your starting point
Click into any number to replace it. Blank fields are treated as zero while you type.
Live comparison
See both paths as you adjust.
01
Your comparison will appear here.
Enter a current balance and monthly payment above to create your starting payoff path. Add an APR for an interest estimate.
Redirect dashboard
See what changes your payoff path.
Every reduced expense is automatically redirected to your payment.
Where the redirect comes from0 items
Your redirect mix will appear here.
Add an expense and enter a lower monthly target to create your first contribution.
Money you’re choosing to give a more useful job.
Current annual payments$0
Potential annual payments$0
Step 2 · Spending habits
Build your own redirect plan
Add only the habits you want to explore. Your original monthly spending always stays visible beside the amount you think you can reduce it to.
How you spend
×
Original per month ↗$0.00$0.00 / year
After reduction$0.00$0.00 saved / month
Original spending total$0.00/ month$0.00 per year
Remaining spending total$0.00/ month$0.00 per year
Automatically redirected to debt$0.00/ month$0.00 per year
Adjusted Money is an educational tool, not a financial adviser. Calculations are estimates based on the information entered and may differ from lender calculations.
An illustrative example
How an extra payment can change your payoff timeline
Suppose you have an $8,500 credit card balance at 22.9% APR and currently pay $225 per month. Redirecting $125 from recurring expenses raises the monthly payment to $350.
Starting balance$8,500
Annual percentage rate22.9%
Current payment$225/mo.
Extra payment+$125/mo.
Approximately $6,691 in total interest
Approximately $3,028 in total interest
Approximately $3,664 less interest
This example is illustrative. Actual results depend on your balance, APR, payment timing, additional charges, and rate changes. Review the calculation methodology, or use the spending calculator to find an extra-payment amount that fits your situation.
Common questions
Debt payoff calculator FAQ
Quick answers about the estimates, assumptions, and privacy.
How is my debt payoff date calculated?
The calculator applies your APR as a monthly interest rate, adds any continuing monthly charges you enter, and subtracts your payment each month until the balance is paid. The projected payoff month and total interest are estimates.
How much difference can an extra monthly payment make?
The impact depends on your balance, APR, and payment amount. Even a modest recurring extra payment can reduce the number of months you carry the balance and the total interest you pay. Use the side-by-side paths above to compare your numbers.
Should I pay more than the minimum payment?
Paying more than the minimum can shorten your payoff timeline and reduce interest, provided the payment fits your budget and does not prevent you from covering essential expenses. Adjusted Money provides educational estimates, not individualized financial advice.
What happens if I keep making new credit card charges?
Turn on the continuing-card-use option and enter your expected monthly charges. The calculator adds those charges to the projection so you can see whether your payment still reduces the balance and how new spending may affect your payoff timeline.
Does the calculator support changing interest rates?
No. The projection assumes the APR you enter remains constant. It does not model promotional-rate expirations, variable-rate changes, fees, or lender-specific interest methods.
Are my financial details saved or shared?
Your entries stay in your browser and are not sent to an Adjusted Money account. They are saved in local browser storage only if you turn on the remember-my-numbers option, and you can clear them from the calculator at any time.
Keep exploring
Related resources
Find monthly savingsSpending calculator
Estimate how much recurring spending you could realistically redirect.
Review the assumptionsCalculation methodologySee the formulas, payment rules, limits, and timing conventions.
Build your planDebt payoff guideLearn practical strategies for turning an estimate into steady progress.