Budget & Credit

Budget & Credit Calculators

Get a clear picture of where the money goes and how fast debt can be cleared. Build a monthly budget, compare payoff strategies, see the true cost of credit-card interest, and track net worth over time. These are planning tools that use the numbers you enter, not credit or financial advice.

Budgeting

BudgetBudget CalculatorMap income against spending categories to see what is left over and where the money goes each month.Best for: Building a clear monthly spending plan.Budget50/30/20 Budget CalculatorSplit take-home pay into needs, wants, and savings using the 50/30/20 rule, with amounts for each bucket.Best for: A simple framework to start budgeting.BudgetNet Worth CalculatorAdd up assets and subtract debts to find your net worth and see what drives the total.Best for: A snapshot of overall financial health.

Debt Payoff

BudgetDebt Payoff CalculatorFind how long it takes to clear a debt and the total interest, based on your balance, rate, and payment.Best for: Planning a single debt’s payoff timeline.BudgetDebt Snowball CalculatorClear debts smallest balance first to build momentum, with a payoff order and timeline across all your debts.Best for: Staying motivated by quick early wins.BudgetDebt Avalanche CalculatorTarget the highest interest rate first to minimise total interest, with the payoff order and time to debt-free.Best for: Paying the least interest overall.

Credit Cards

BudgetCredit Card Payoff CalculatorSee how long it takes to clear a card balance and the interest cost at your chosen monthly payment.Best for: Finding a payment that clears the card.BudgetCredit Card Interest CalculatorEstimate the monthly and yearly interest a card charges on a balance at a given APR.Best for: Seeing the real cost of carrying a balance.BudgetMinimum Payment CalculatorSee how long minimum-only payments take and how much interest they add compared with paying more.Best for: Understanding the minimum-payment trap.

Ratios

BudgetDebt-to-Income Ratio CalculatorDivide monthly debt payments by gross income to find the DTI ratio lenders use to assess borrowing.Best for: Checking how lenders see your finances.

Frequently asked questions

Common questions about budget calculators and how to use them.

What calculators are in Budget & Credit?

Budgeting tools (a monthly budget, the 50/30/20 split, and net worth), debt payoff tools (a single-debt payoff, plus the snowball and avalanche strategies), credit-card tools (payoff, interest, and minimum payment), and the debt-to-income ratio.

Snowball or avalanche — which should I use?

The avalanche method targets the highest interest rate first, so it costs the least interest overall. The snowball method clears the smallest balance first, which builds momentum and motivation. The avalanche saves more money; the snowball is often easier to stick with.

How do lenders use debt-to-income ratio?

Lenders divide your monthly debt payments by your gross monthly income to gauge how much room you have to take on more debt. A lower ratio generally signals more borrowing capacity. The calculator shows your ratio so you can see your own picture.

Are these credit or debt advice?

No. They are educational planning tools that use the numbers you enter. They are not financial, credit, or debt-counselling advice. For help with serious debt, speak to a qualified, reputable adviser.

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