Free Calculator
Create a debt payoff strategy using avalanche or snowball method. See your debt-free date and total interest saved.
Total monthly budget: $700/mo
Pay highest APR first. Saves the most money.
Debt-Free Date · Avalanche
Apr 2029
Total Paid
$26,587
vs. Min Only
$3,341 saved
Min. Payments Only
54 mo
$6,534 interest
Avalanche
35 mo
$3,194 interest
You Save
$3,341
19 months sooner
Credit Card 1
$5,000 · 24.99% APR · Min $150/mo
Mo 18
Paid off
Credit Card 2
$3,200 · 19.99% APR · Min $100/mo
Mo 24
Paid off
Student Loan
$12,000 · 5.5% APR · Min $250/mo
Mo 35
Paid off
Avalanche method gets you debt-free 19 months sooner and saves $3,341 in interest compared to minimum payments only.
Avalanche Wins
Mathematically saves the most money by targeting highest APR debts first.
Snowball Motivates
Paying off small debts first creates quick wins that keep you committed.
Hybrid Approach
Start with Snowball for 1-2 quick wins, then switch to Avalanche for maximum savings.
Explore our full suite of financial tools — all free, private, and built for the USA.
Browse All Tools