Debt payoff calculator
Keep paying every minimum, then send the extra to one target debt. When a debt is cleared its payment rolls into the next. Learn more in avalanche vs snowball.
DebtBalanceAPR %Minimum
Avalanche — highest rate first
Debt-free in
2 yr 6 mo
Total interest
$2,483.61
- 1. Credit card — paid off in month 17
- 2. Personal loan — paid off in month 21
- 3. Car loan — paid off in month 30
Snowball — smallest balance first
Debt-free in
2 yr 7 mo
Total interest
$2,812.04
- 1. Personal loan — paid off in month 11
- 2. Credit card — paid off in month 22
- 3. Car loan — paid off in month 31
Avalanche saves $328.43 in interest compared with snowball for these debts.