Put in what you owe and we do the maths for you. A clear plan in your own currency, with no jargon. If you have never done this before, start at the top and follow the steps. Percy will guide you.
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What you need before you start
Gather these and the calculator takes about five minutes. Not sure of a number? Use your best guess. A rough plan you can see beats a perfect plan you never make.
1
A list of what you owe
Credit cards, store cards, car loans, student loans, personal loans, medical bills, buy now pay later. Leave your home loan out for now.
2
The balance on each one
The total amount still left to pay today, not the monthly payment. Check your latest statement or log in to your account.
3
The smallest payment allowed
Your statement calls this the minimum payment. It is the least you can pay each month without getting into trouble.
4
The interest rate
Often shown as APR, written as a percentage. Check your statement. If you cannot find it, a rough guess is fine for now.
Not ready with real numbers yet? That is fine. Put in rough guesses just to see where you stand. You can fix the numbers any time.
How to use this calculator
Six short steps. Nothing you type is saved or sent anywhere, so you can be fully honest.
1
Pick your currency
Choose it at the top of the calculator. Every number on the page changes to match straight away.
2
Add your monthly income after tax (optional)
We use this to show you what share of your income is going to debt payments. It can be a useful wake-up call.
3
Add each debt
Name it, put in the balance, the interest rate, and the smallest payment your lender requires each month.
4
Put in any extra you can pay
Anything on top of the smallest payments. Even a small amount moves your date closer. Try a few amounts and watch what happens.
5
Hit the calculate button
Your results appear in a popup with your debt free date, total interest, and a full month by month schedule.
6
Enter your email and print your plan
We send you the free Debt Payoff Starter Kit at the same time. Your plan is then ready to print and put somewhere you will see it.
You are ready. Scroll down and start with step one. I will be here the whole way.
Your debt calculator
Fill in each debt below. Everything stays private in your browser.
Everything updates instantly
Helps you see what share of your pay is going to debt. We never save it.
What you owe it onBalanceRate %Smallest payment
Anything on top of the smallest payments. Leave it as zero if nothing is available right now. You can try different amounts to see the difference.
Snowball: pay the smallest balance first for a quick win.
Ready? Hit the button below and I will show you your debt free date. You can change the numbers any time and recalculate as often as you want.
Your debt free date
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Illustration of what being debt free can feel like.
This is what that date means
Take a moment with it. That is the month the payments stop. No more sending money to a card company. No more quiet worry every time a statement arrives.
If the date feels far away, do not panic. It is a starting point, not a sentence. Almost everyone moves it closer once they find a little extra each month.
Getting out of debt is hard but it is temporary. Millions of ordinary people have done it on ordinary incomes and you can too.
It is less about maths and more about keeping going long enough to finish. That is the whole secret.
List every debt from smallest balance to largest. Pay the smallest allowed on every debt so nothing falls behind. Throw every spare bit of money at the smallest one until it is gone. Then take that whole payment and add it on top of what you were paying on the next debt. That rolled-over payment keeps growing until you reach your last debt and clear it.
Snowball
Smallest balance first
Order by balance, smallest first. Pay minimums on all, extra on the smallest.
First win can come within weeks
Best if you have quit before
Keeps you going
Costs a little more interest
Avalanche
Highest rate first
Order by interest rate, highest first. Pay minimums on all, extra on the priciest.
Saves the most money overall
Best if one card has a punishing rate
First win can take longer
Needs more patience
Not sure which to pick? Go with the snowball. Most people do. The difference in interest is usually smaller than you think, and finishing matters more than optimising.
Money words, explained simply
No one is born knowing these. Here is what they actually mean.
Balance
The total amount you still owe on a debt today, not the monthly payment.
Minimum payment
The least you can pay each month without penalty. Paying only this keeps you in debt for a very long time.
Interest rate (APR)
The fee a lender charges you for borrowing, shown as a percentage. Higher means more of your payment goes to them.
Interest
The actual money that rate costs you each month. It is why a balance can barely move even when you keep paying.
Debt free date
The month your last debt reaches zero, based on your numbers and sticking to the plan.
Snowball
Paying smallest balance first, then rolling that payment forward so it grows each time you clear a debt.
Avalanche
Paying highest interest rate first. Saves more money overall if you can stay the course.
Principal
The original amount you borrowed before any interest was added on top.
Keep this on your phone
Add Clearpath to your home screen and it opens like an app, straight to your plan. No app store, no download, no account.
Opens instantly, even on a slow connection
One tap to check your debt free date any time
Still completely private, nothing leaves your phone
On iPhone (Safari)
Tap the share button at the bottom, scroll down, then tap Add to Home Screen.
On Android (Chrome)
Tap the three dots in the top right, then tap Add to Home screen or Install app.
Questions people ask
The things worth knowing before you dive in.
Got a question? Tap any one below to see the answer. And if it is not here, email us at hello@clearpath.click and we will get back to you.
Is this free and are my numbers private?
Yes to both. No signup, no payment, no account. Everything you type is worked out inside your own browser on your own device. Your balances are never sent to us or anyone else. Close the tab and they are gone, so print your plan if you want to keep it.
Can I use this outside the United States?
Yes. Pick your currency at the top of the calculator and every number on the page updates to match. The method works exactly the same wherever you live.
Which debts should I include?
Include credit cards, store cards, personal loans, car loans, student loans, buy now pay later balances, medical bills, and money you owe family. Leave out your home loan for now. Most people tackle that separately after everything else is cleared.
What if I cannot afford anything extra right now?
Put zero in the extra box. You will still see your date based on the smallest payments alone. When things change, even a small amount will pull that date closer.
How accurate is the debt free date?
It is a good estimate, not a promise. To keep things simple it assumes your rates stay the same, you keep paying the same amount, and you add no new debt. Treat it as a strong guide rather than an exact date.
Should I save while paying off debt?
Many people keep a small cushion first, often around one month of essential costs, so a surprise bill does not send them straight back to a credit card. Once that cushion exists, most spare money goes to the debt.
Does paying off debt hurt my credit score?
Generally the opposite. Paying balances down usually helps over time because you are using less of your available credit. It often helps to keep accounts open as you clear them rather than closing them straight away.
Why is my mortgage not included?
Home loans are usually much larger and longer. Including one would make your date look hopeless and swamp the plan. Most people clear everything else first, then look at the house separately.
Free starter kit
Get the Debt Payoff Starter Kit
A printable debt tracker, a payoff order worksheet, and a short guide for your first 30 days. Sent straight to your inbox.
