DebtCrusher is a free debt payoff calculator built by P. Beal, a financial planning professional with 26 years in banking and financial planning, plus 19 years of direct small business ownership.
Most people know they should pay more than the minimum on their debts. Few know exactly how much more to pay, which debt to target first, or when they will actually be free. DebtCrusher answers those questions with concrete numbers — not general advice.
Enter as many debts as you have — credit cards, car loans, lines of credit, student loans, personal loans — with their current balance, interest rate and minimum payment. Choose the Snowball method (smallest balance first), the Avalanche method (highest interest rate first), or compare both simultaneously. The calculator shows your exact debt-free date, the payoff timeline for each individual debt, how much total interest you will pay, and how that compares to paying minimums only.
Additional tools include a Debt-to-Income ratio calculator, a Lump Sum Impact calculator showing how a one-time extra payment changes your debt-free date, and a minimum-vs-strategy comparison panel showing the true cost of only paying minimums.
P. Beal brings 26 years of professional experience in banking and financial planning, combined with 19 years of direct small business ownership. This background informs every calculator and guide on Sharpline Tools—the focus is always on practical, numbers-based decision making rather than generic financial advice.
DebtCrusher is part of the Sharpline Tools network — a suite of free personal finance calculators built to give people fast, accurate, unbiased financial information. All Sharpline tools are free to use, require no account or sign-up, and are supported by advertising.
Sharpline also operates a web design and development service — Sharpline Digital — building custom websites for small businesses in British Columbia and across Canada.
DebtCrusher is an educational planning tool. All results are estimates based on the information you enter and are provided for informational purposes only. Results assume fixed interest rates, consistent monthly payments, and no new charges added to existing debts.
DebtCrusher is not a licensed financial advisor, credit counsellor, or debt management service. Nothing on this website constitutes financial, legal, or credit advice. Results should not be used as the sole basis for any financial decision.
For personalised financial guidance, please consult a licensed financial advisor or a registered non-profit credit counselling agency. In Canada: creditcounsellingcanada.ca. In the US: nfcc.org.