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Debt Payoff Calculator

Compare Avalanche vs Snowball strategies across all your debts and see exactly how extra payments shorten your timeline.

Your Debts
NameBalanceAPR (%)Min Payment
$
Strategy
Payoff with Avalanche
3.8 years
Total interest: $4,109
Avalanche
3.8 years
Interest: $4,109
Snowball
3.8 years
Interest: $4,109
Interest Saved with Avalanche
$0
Payoff Order (current strategy)
Credit Card → Auto Loan → Student Loan

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Frequently Asked Questions

  • Mathematically, the Avalanche method (paying highest-APR debts first) saves the most interest and pays off faster. The Snowball method (smallest-balance first) provides faster psychological wins by closing individual debts sooner, which helps some people stay motivated.