Debt payoff planner
Debt Snowball vs Avalanche Calculator
Compare the highest-interest payoff method against the smallest-balance payoff method with your balances, APRs, minimums, and extra payment.
Debt-free estimate2 years 9 months$4,865 estimated interest
Comparison
Avalanche plan2 years 9 months$1,005.00 total monthly payoff budget
Starting debt$27,800
Minimums$755
Selected interest$4,865
First payoffCredit card
Avalanche2 years 9 months$4,865 interest
Snowball2 years 10 months$5,624 interest
Selected method saves interest$760 estimated interest difference versus the other method.
First 12 months
Month 1Credit card$27,098 left
Month 2Credit card$26,387 left
Month 3Credit card$25,668 left
Month 4Credit card$24,940 left
Month 5Credit card$24,202 left
Month 6Credit card$23,456 left
Month 7Credit card$22,700 left
Month 8Credit card$21,935 left
Month 9Credit card$21,160 left
Month 10Credit card$20,376 left
Month 11Credit card$19,581 left
Month 12Credit card$18,777 left
Use the math, then pick the plan you can finish
The avalanche method targets the highest APR first and usually lowers interest cost. The snowball method targets the smallest balance first, which can create faster closed-account milestones. This calculator keeps your total monthly payoff budget level and rolls freed-up minimums into the next target.
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