When your debts are gone, at a payment you choose.
Open the Freedom Date tool →We amortize your balance month by month: each month adds interest (your annual rate ÷ 12 on the remaining balance) and subtracts your payment, until the balance reaches zero. That count of months is your freedom date, and we total the interest you'll pay along the way.
If the payment can't cover even the monthly interest, the balance never falls, we tell you plainly instead of showing an impossible date.
Computed entirely on your device for U.S. taxes and benefits. Nothing is ever sent anywhere, and it is free forever. Educational information, not financial, tax, investment, or legal advice.