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Debt Payoff Planner Calculator

Enter up to three debts and see a debt-free date using the avalanche (highest rate first) or snowball (smallest balance first) strategy, with total interest. Simplified simulation, minimum payments plus one extra amount.

Your details

Instant result — 2026 defaults filled, edit anything. All fields are prefilled with the 2026 Canada defaults and the result shows instantly. Change any field and it recalculates instantly. Reset restores the 2026 defaults.

Prefilled with the 2026 default — edit if you want, e.g. 10000.
Default: 19% — you can change it.
Prefilled with the 2026 default — edit if you want, e.g. 400.
Prefilled with the 2026 default — edit if you want, e.g. 5000.
Default: 12% — you can change it.
Prefilled with the 2026 default — edit if you want, e.g. 200.
Prefilled with the 2026 default — edit if you want, e.g. 0.
Default: 0% — you can change it.
Prefilled with the 2026 default — edit if you want, e.g. 0.
Prefilled with the 2026 default — edit if you want, e.g. 100.

Your results

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This is a simulation; actual lender interest, fees and payment allocation may differ.

Advanced

About Debt Payoff Planner Calculator

Enter up to three debts and see a debt-free date using the avalanche (highest rate first) or snowball (smallest balance first) strategy, with total interest. Simplified simulation, minimum payments plus one extra amount. The result appears instantly with the 2026 defaults filled in — edit anything you want.

FAQs

What does this calculator do?

Enter up to three debts and see a debt-free date using the avalanche (highest rate first) or snowball (smallest balance first) strategy, with total interest. Simplified simulation, minimum payments plus one extra amount.

How do I use it?

The result appears instantly with the 2026 defaults filled in — edit any field and it updates instantly, with no signup.

Is the result official?

No. This is a calculator estimate based on the 2026 rules shown on this page, not an official CRA / Service Canada determination. Check official rules for your case.

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