Pay and debt
How long until a new job clears your debt?
Enter your take-home pay and your debt. See the month you could be debt-free, the interest you would pay, and how a bigger share of each paycheck moves the date.
Example result
Example with sample numbers. Enter yours above.
Debt-free by May 2030.
What a bigger share of each paycheck changes
| Share of take-home | Per month | Debt-free by | Total interest |
|---|---|---|---|
| 10% | $420 | June 2034 | $20,008 |
| 15% (yours) | $630 | May 2030 | $8,401 |
| 20% | $840 | March 2029 | $5,464 |
| 25% | $1,050 | August 2028 | $4,085 |
Every row uses your take-home pay, debt and APR. A raise or a better-paid job moves every row.
Move the date closer
- Raise the paycheck
Search open jobs from employers' official job boards, or follow a step-by-step path to more income.
- Compare ways to pay debt down
DebtRoute explains consolidation, payoff methods and the risks of each. Free resource from a JoRoute partner site.
- If you just lost your job
See unemployment benefits by state and how to file.
Questions
Does JoRoute keep my numbers?
No. They are used to compute this page and then discarded. They are not stored, logged or sent to analytics, and no account is needed.
Why is the default APR 22.15%?
It is the average rate on credit card accounts that were charged interest at commercial banks in Q2 2026, from the Federal Reserve's G.19 release. Your own rate is on your statement.
Why take-home pay and not salary?
Debt is paid from what reaches your account. If you only know your salary, the calculator estimates take-home as 75% of it; taxes and deductions vary, so your pay stub is more accurate.
What if I have several debts?
This version adds them into one balance at one rate. Paying the highest-rate debt first usually costs less interest than this estimate shows.
Estimates for planning only, not financial advice. The calculator assumes one combined balance, a fixed APR, the same payment every month and no new charges. It says nothing about credit scores.
Source for the default APR: Federal Reserve Board — G.19 Consumer Credit: credit card plans, accounts assessed interest (Q2 2026), checked 2026-10-24.