Money & debt calculators
Free UK calculators for everyday money decisions: clearing a credit card, the real cost of paying only the minimum, and your debt-free date. No sign-up to use them, and every figure is an indicative planning estimate, not advice.
Credit card payoff calculator
Enter your card balance, its APR and the fixed amount you pay each month to see how many months until the card is clear, your debt-free date, and the total interest you will pay. Paying more each month clears it sooner and costs less in interest. Figures assume you add no new spending to the card.
Debt snowball and avalanche calculator
The snowball method pays your smallest balance first for quick, motivating wins; the avalanche method pays your highest rate first to save the most interest. Add each of your debts with its balance and rate, set what you can pay in total each month, and compare the two on your debt-free date and total interest.
Minimum payment calculator
Paying only the minimum on a credit card stretches the debt over many years, because the minimum shrinks as the balance falls. Enter your balance, APR and minimum terms to see how long it takes, the total interest you pay, and how much sooner you clear the card by fixing your payment instead. Figures assume no new spending on the card.
Balance transfer calculator
A 0% balance transfer moves card debt to a new card that charges no interest for a set period, for a one-off transfer fee. Enter your balance, the fee, the 0% months and your monthly payment to see the fee, how long the debt takes to clear, any interest once the 0% ends, and the total cost.
Debt consolidation calculator
Consolidating combines several debts into one fixed monthly payment at a single rate. Enter your total balance, a loan rate and a term to see the new monthly payment and total interest, and how much interest you save and how much sooner you clear it compared with leaving the balance on a card at the minimum.
Personal loan calculator
A personal loan is repaid in equal monthly instalments over a fixed term. Enter how much you want to borrow, the APR and the term to see your monthly repayment, the total interest, and the total you repay. The rate you are actually offered depends on your credit profile and the lender.
Track every debt in one place
See all your balances and your real payoff date, and watch it move as you pay down. Free, no card required.