Avalanche vs Snowball Debt Calculator

Extra amount you can pay per month (beyond minimums) Compare Strategies

How this works

• Avalanche: pay minimums on everything, put all extra money toward the debt with the highest interest rate. Mathematically minimizes total interest paid.
• Snowball: pay minimums on everything, put all extra money toward the debt with the smallest balance. Often easier to stick with psychologically, since debts get eliminated faster.

This is a month-by-month payoff simulation based on the balances, APRs, and minimum payments you enter. It does not access any external interest rate data — all numbers come from your own inputs, so this works for any currency or country. Not financial advice.