AomlyFree calculator
Debt payoff calculator
Enter what you owe, the yearly interest rate and what you can pay each month. See when your debt ends, how much interest you'll pay, and what paying a little more would change.
An estimate: interest is added monthly at a fixed rate, with no new spending or fees. A real statement may differ a little.
Pay ฿1,000 more a month and you're debt-free 7 months sooner, with ฿2,862 less interest.
Make the plan happen with Aomly
A calculator tells you the month. Aomly gets you there: it takes your debt payment out first, then tells you each morning what you can spend today, so the plan holds every day of the month.
- Your payoff month, worked out from your own pay, bills and debt
- See how a smaller daily budget brings that month closer
- Credit cards and pay later, with their statement dates
Ways to pay off debt sooner
Pay more than the minimum
The minimum payment mostly covers interest, so the debt barely moves. Even a little extra each month goes straight to what you owe.
Highest interest first
With several debts, pay the minimum on each and put everything extra on the one with the highest rate (the avalanche method). It costs the least interest.
Or smallest debt first
Clearing the smallest debt first (the snowball method) costs a little more interest, but an early win makes it easier to keep going.
Stop the debt growing
Plan card and pay-later spending into your daily budget, so the next statement holds no surprises.
Questions
How is the interest worked out?
Each month the calculator adds a twelfth of the yearly rate to what you still owe, then takes off your payment. Thai credit cards work out interest daily, so a real statement can differ slightly, but the payoff month is usually close.
I have more than one debt. What do I enter?
Add up what you owe and use a rate in between, for a rough answer. Paying the highest-rate debt first will usually get you there a little sooner.
Is it free?
Yes. The calculator and the Aomly app are free to use, with no account to make.
Is what I type here saved?
No. The numbers stay in this page and are never sent anywhere. In the Aomly app, your data is saved on your device.