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Take Control of Your Debt With These Free Tools
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Take Control of Your Debt With These Free Tools

Wired · May 17, 2026, 10:30 AM · Also reported by 1 other source

Key takeaways

  • Some suggest a specific method for paying down debt, while others are simulators that let you see how your total amount paid will decrease if you increase your monthly payment.
  • Here are a few useful calculators and some guidance about what makes them different.
  • Bankrate's free debt payoff calculator gives you a timetable for paying off each of your debts.

Why this matters: a development in AI with implications for how people work, create, and decide.

Photo-Illustration: WIRED Staff; Getty Images Comment Loader Save Story Save this story Comment Loader Save Story Save this story Apps for budgeting and personal finance do a good job of tracking your money as you earn and spend it. Some also have excellent debt calculators that help you figure out how to pay off your debts.

Each debt calculator is a little different. Some suggest a specific method for paying down debt, while others are simulators that let you see how your total amount paid will decrease if you increase your monthly payment.

Here are a few useful calculators and some guidance about what makes them different.

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