How much do you owe calculator
Add up every debt in one place — the essential first step to a payoff plan. See your total balance and total monthly payments.
A worked example
Running this tool on current national benchmarks (Federal Reserve / Freddie Mac via FRED (St. Louis Fed)) — swap in your own numbers to see how the result moves.
- Credit card debt
- $8,000
- Auto loans
- $18,000
- Student loans
- $24,000
- Personal & other loans
- $5,000
- Mortgage
- $220,000
- Total monthly debt payments
- $2,400
- Average APR on consumer debt
- 12%
- Monthly payment toward consumer debt
- $900
$55,000 excluding the mortgage
- Consumer debt$55,000
- Mortgage$220,000
- Total owed$275,000
The math behind it
This tool tallies rather than amortizes. It sums your credit cards, auto loans, student loans, and other personal loans into a consumer-debt total, then adds the mortgage for a grand total. If your consumer payment exceeds the consumer debt's monthly interest, it also amortizes that balance at your average APR to estimate a payoff timeline. Nothing is optimized — the goal is a single, honest picture of everything you owe and what it costs each month.
Assumptions & limits
- Balances are grouped into consumer debt (cards, auto, student, personal) and the mortgage separately.
- One average APR is applied to the combined consumer debt for the payoff estimate.
- The payoff timeline only appears when your consumer payment beats the monthly interest.
- The mortgage is shown for context and is not included in the consumer payoff schedule.
- Totals reflect the balances you enter; no interest growth is assumed for the tally itself.
Common questions
Should I include my mortgage in my total debt?
It is shown separately for a reason. Your mortgage is usually your largest and lowest-rate debt, and it is secured by an appreciating asset, so most payoff strategies tackle high-rate consumer debt first. The calculator gives you both a total-with-mortgage figure and a consumer-debt-only figure so you can plan against the debt that actually costs the most.
Why is knowing the total the first step?
You cannot prioritize what you have not measured. Seeing every balance and rate in one place reveals which debts are draining you fastest and how big the whole problem is. From there a snowball, avalanche, or consolidation plan has something concrete to work on.
What average APR should I enter for my consumer debt?
Use a rough balance-weighted average of the rates on your cards and loans — the rate on your largest balances should count most. It only drives the optional payoff estimate; the debt totals do not depend on it. For a precise blended rate, use the cost-of-debt calculator.