Debt Payoff Calculator
Compare Avalanche and Snowball strategies to find your fastest, most affordable path to financial freedom.
Balance Over Time
Remaining total debt each month under each strategy.
Strategy Comparison
| Strategy | Months to Freedom | Total Interest Paid | Total Paid |
|---|
How This Works
The Debt Avalanche
Pay minimums on all debts, then apply extra money to the highest-interest debt first. This is the mathematically optimal strategy — it minimizes total interest paid over the life of your debts.
The Debt Snowball
Pay minimums on all debts, then throw extra money at the lowest balance first. Each eliminated debt frees up cash for the next. The psychological momentum of quick wins helps many people stay on track.
Payment Roll-Up
When one debt is paid off, its minimum payment rolls automatically into the next target. This compounds your payoff speed over time — a key reason extra payments have such a dramatic impact on payoff date.