Debt payoff plan
Sumwright models every payoff path across your cards and loans and shows you the fastest, cheapest way out — then tells you exactly what to put where each month. You make the payments; Sumwright does the math.
Avalanche vs. snowball
- Avalanche — target your highest-APR balance first. Mathematically the cheapest: it minimizes the interest you pay.
- Snowball — target your smallest balance first for a quick, motivating win.
Pick the strategy that suits you and Sumwright shows your debt-free date, the interest you avoid, and how many months sooner you finish versus paying minimums.
Set it up
Open your payoff plan
Check your balances and APRs
Sumwright picks up card balances from your linked accounts. Confirm the APR on each — you can edit it directly, and importing a statement can read the purchase APR for you.
Choose a strategy and your monthly amount
Select avalanche or snowball and tell Sumwright how much you can put toward debt each month.
Follow the plan
Sumwright lays out exactly what to pay on each balance this month. Make those payments with your bank; as they clear, your progress and debt-free date update.
Didn’t find what you needed?
Email support@sumwright.com