Tool · Interest Kill List
Interest is the inflation
you can stop paying.
The official inflation number leaves out the cost of borrowing. Your bank statement doesn't. List what you owe, and this shows the order to pay it off, the month you're done, and the raise you give yourself when every payment is yours again.
Nothing you type here is saved or sent anywhere. The math runs in your browser, and closing the page erases it.
| What you owe | Balance | Rate (APR %) | Minimum / mo |
|---|
On top of the minimums. Even $50 changes the answer.
Highest rate first saves the most money. Smallest first gives you an early win. The tool shows you both.
n/a
Debt-free
$0
Interest you stop paying
Your kill list
| # | Debt | Rate | Balance | Gone by |
|---|
How it works: every month, each debt gets its minimum. Everything else (your extra, plus the minimum of every debt you've already killed) goes at the next debt on the list. Rates and minimums are held where you set them, so real statements will differ a little. Education, not financial advice.
Next tool
True Cost of Borrowing: before the next loan, see what it really costs, in dollars and in hours of your life.