{
  "id": "debt-payoff-calculator",
  "version": "7.0.0",
  "name": "Debt Payoff Calculator",
  "shortName": "Debt Payoff",
  "description": "Create a debt payoff plan using the Snowball or Avalanche method to become debt-free faster.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "debt",
    "payoff"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "migrated",
  "migratedDate": "2026-08-18",
  "engine": "legacy-react",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/debt-payoff-calculator.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "7.0.0",
    "referenceCoverage": "references-pending",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "2026-08-18",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "urls": {
    "page": "/calculator/debt-payoff-calculator/",
    "definition": "/calculator/debt-payoff-calculator/definition.json",
    "schema": "/calculator/debt-payoff-calculator/schema.json",
    "llms": "/calculator/debt-payoff-calculator/llms.txt",
    "legacyDefinition": "/calculator/debt-payoff-calculator.json"
  },
  "queryExample": "https://askcalculators.com/calculator/debt-payoff-calculator/?monthlyBudget=600&strategy=snowball",
  "queryParameters": {
    "monthlyBudget": {
      "label": "Total Monthly Budget",
      "type": "number",
      "required": false,
      "default": 600
    },
    "name": {
      "label": "Name",
      "type": "text",
      "required": false
    },
    "balance": {
      "label": "Balance",
      "type": "number",
      "required": false
    },
    "rate": {
      "label": "Rate",
      "type": "number",
      "required": false
    },
    "minPayment": {
      "label": "Min Payment",
      "type": "number",
      "required": false
    },
    "strategy": {
      "label": "Strategy",
      "type": "select",
      "required": false,
      "default": "snowball"
    },
    "startDate": {
      "label": "Plan Start Date",
      "type": "date",
      "required": false
    }
  },
  "inputs": [
    {
      "id": "monthlyBudget",
      "label": "Total Monthly Budget",
      "type": "number",
      "defaultValue": 600
    },
    {
      "id": "name",
      "label": "Name",
      "type": "text"
    },
    {
      "id": "balance",
      "label": "Balance",
      "type": "number"
    },
    {
      "id": "rate",
      "label": "Rate",
      "type": "number"
    },
    {
      "id": "minPayment",
      "label": "Min Payment",
      "type": "number"
    },
    {
      "id": "strategy",
      "label": "Strategy",
      "type": "select",
      "defaultValue": "snowball"
    },
    {
      "label": "Plan Start Date",
      "type": "date",
      "defaultToday": true,
      "id": "startDate"
    }
  ],
  "outputs": [
    {
      "id": "result",
      "label": "Result",
      "format": "text",
      "primary": true
    }
  ],
  "formula": {
    "expression": "Each month all debts accrue interest, receive their fixed minimum payments, then all remaining budget is cascaded through avalanche or snowball priority until every balance is paid."
  },
  "examples": [
    {
      "label": "Reproducible default-input example (not a personal recommendation)",
      "inputs": {
        "monthlyBudget": 600,
        "strategy": "snowball"
      }
    }
  ],
  "sources": []
}