Xpenvo: AI Personal Finance Coach & Budget Tracker

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Total Debt Balance ($)*

Average Interest Rate (%)*

Minimum Monthly Payment ($)*

Extra Monthly Payment ($)

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How to use this calculator

Enter debt details
Input your total balance, interest rate, and minimum payment.
Add extra payment
Optionally enter any extra you can pay each month.
Compare strategies
See your payoff date and total interest with and without extra payments.
Track with Xpenvo
Link your debts to Xpenvo for automated tracking and reminders.

: The debt avalanche method prioritises paying off the debt with the highest interest rate first while making minimum payments on all others. It is mathematically optimal — minimising total interest paid over the life of all debts.
: The debt snowball method pays off the smallest balance first regardless of interest rate. It provides psychological wins that can maintain motivation, but typically costs more in total interest than the avalanche.
: Even $50–$100 extra per month can dramatically reduce your payoff timeline and total interest. Use this calculator to see the exact impact of different extra payment amounts on your specific debts.