Debt Snowball & Avalanche Calculator

Compare strategies for paying off multiple debts and estimate your debt-free timeline.

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Your Debts

Enter each debt's balance, interest rate, and minimum monthly payment.

Credit Card

Car Loan

Extra Monthly Payment

Debt Payoff Comparison

Debt Snowball Method

Months to Debt Freedom: 37

Total Interest: $2,822.44

Total Amount Paid: $19,822.44


Debt Avalanche Method

Months to Debt Freedom: 37

Total Interest: $2,822.44

Total Amount Paid: $19,822.44


Interest Savings Comparison

Potential Interest Savings: $0.00

This is the estimated interest you could save by using the Avalanche method instead of the Snowball method.


Snowball Debt Payoff Order

  1. Credit Card (#1)
  2. Car Loan (#2)

Avalanche Debt Payoff Order

  1. Credit Card (#1)
  2. Car Loan (#2)