Debt Reduction Calculator
Avalanche vs Snowball — find your fastest path to debt freedom
Payoff Strategy
Pay highest interest rate first — saves the most money
Extra Monthly Payment
$
On top of minimum payments ($930/mo)
Total Debt
Payoff Time
Total Interest
Avalanche Saves
vs Snowball
Your Debts
Name
Balance
Rate %
Min/mo
$
%
$
$
%
$
$
%
$
Balance Paydown — Avalanche Method
Debt-free in 3yr 9mo · Total interest: $8K
Remaining Balance
Interest Paid
Strategy Comparison
⚡ Avalanche✓ Saves most money
3yr 9mo
$8K interest
❄ Snowball
3yr 9mo
$8K interest