The payoff planner
Compare ways to pay off cards and loans, and see which one frees up the most cash soonest.
Included with Free, Plus, TrilliOne Business and TrilliOne Pro
Open it from Money → Debts & loans, from Bills & income → Payoff planner →, or from any card or loan.
The top shows how much you’re locked into debt payments each month, and when you’d be debt-free paying only the minimums.
Build your plan
- Extra each month, beyond minimums: slide or type how much extra you can put toward debt. The hint shows what you already overpay and how much of your budget is unassigned.
- What to pay off first:
- Smart: clears small debts with big monthly payments first, which frees up cash every month, then goes after the highest interest.
- Highest interest: pays the least interest overall.
- Smallest first: quick wins.
- My order: use the arrows to set your own.
- When a debt is paid off, its payment goes to… the Next debt, Split 50/50 with savings, or Cushion first until your savings cushion is full.
What you’ll see
- This month’s payment for each debt.
- What this plan does: your debt-free date, interest saved, and how much monthly cash is freed up in 6 and 12 months.
- A chart and a timeline of each payoff.
- Compare orders: every strategy side by side.
- Where your money frees up the most: for each $100 you pay off, how much monthly cash comes back.
A quick win is a debt whose payment would clear it within about a year on its own. Paying those off first frees up their whole payment fast.
Ready? See Put a payoff plan into action.