Debt Payoff Calculator
Compare snowball and avalanche strategies to pay off multiple debts faster.
Applied on top of all minimum payments
Debts
Debt 1
Result
—
Add your debts and extra payment, then click Calculate.
Snowball targets smallest balance first for quick wins. Avalanche targets highest APR for maximum interest savings.
Balance, APR, and minimum payment for each.
Amount above all minimums combined.
Snowball for motivation, avalanche for math.
See payoff order, timeline, and interest saved.
$5,000 @ 23% + $3,000 @ 18%, $200/mo extra.
Avalanche saves more interest than snowball.
Stopping at minimums
Fix: Extra payments are the primary accelerator.
Switching strategies mid-plan
Fix: Pick one strategy and stay consistent.
Compare snowball and avalanche strategies to pay off multiple debts faster.
Applied on top of all minimum payments
Debts
Debt 1
Result
—
Add your debts and extra payment, then click Calculate.