Skip to the calculator

Which debt should I pay off first?

Add your debts and what you can pay on top of the minimums. Same money, two orders — see which suits you.

Worked out on this page. Nothing you type is sent or saved.

  • Credit card
  • Car loan
  • Overdraft
  1. 1 · Quick answer
  2. 2 · More accurate
  3. 3 · Exact, in Fyncora →

Same finish date either way. Highest rate first costs €70 less in interest. Smallest first clears your first debt 7 months sooner.

What you still owe, month by month
Month 12Highest rate first€6,763Smallest first€6,816Minimums only€8,737
  • Highest rate first
  • Smallest first
  • Minimums only
Hover or tap the chart to read a point
Show the numbers
MonthHighest rate firstSmallest firstMinimums only
Today€11,100€11,100€11,100
1€10,761€10,761€10,911
2€10,418€10,419€10,720
3€10,070€10,074€10,528
4€9,720€9,726€10,335
5€9,365€9,375€10,140
6€9,006€9,025€9,944
7€8,642€8,668€9,746
8€8,275€8,306€9,547
9€7,904€7,940€9,347
10€7,528€7,570€9,145
11€7,148€7,195€8,942
12€6,763€6,816€8,737
13€6,374€6,432€8,531
14€5,981€6,044€8,323
15€5,585€5,651€8,114
16€5,186€5,254€7,903
17€4,784€4,852€7,691
18€4,380€4,448€7,477
19€3,973€4,042€7,262
20€3,565€3,634€7,045
21€3,154€3,224€6,826
22€2,741€2,811€6,606
23€2,326€2,397€6,384
24€1,909€1,980€6,161
25€1,489€1,560€5,936
26€1,067€1,139€5,709
27€643€715€5,481
28€216€289€5,251
29€0€0€5,019

Order: highest rate first

  1. 1. Credit cardmonth 13
  2. 2. Overdraftmonth 16
  3. 3. Car loanmonth 29

Minimums only: 67 months, €2,784 in interest.

Your extra €150 a month gets you out 38 months sooner and saves €1,626.

Keep this plan

Create your account and Fyncora sets it up for you: your debts and this payoff plan. You check every number first.

Kept on this device for 7 days, until you sign up. Nothing is sent before that.

Level 3 — exact, in Fyncora

Stick to it — and watch the date move when you pay extra.

Fyncora follows the plan against the payments you actually make, moves the finish date when you pay more, and tells you which debt should get your next extra payment.

Start 30 days freeSee it with sample data30 days free, then from €2.50 a month, billed yearly
How this is worked out
  • Each month every debt pays its minimum; the extra — plus the minimum of every debt already cleared — goes to the next debt in the order you pick. It's the same simulation Fyncora's debt planner runs.
  • Highest rate first always costs the least interest. Smallest first clears a whole debt sooner, which keeps many people going.
  • “Minimums only” is each debt at its own minimum, with nothing rolled over.
  • Guidance, not financial advice. The same calculation runs inside Fyncora on your real numbers.