How to use
- 1Use one line per debt: name, balance, APR and minimum.
About
Values stay in your browser; the budget is minimums plus extra payment.
Debt payoff calculator
Compare debt avalanche and snowball strategies with multiple balances, APRs and minimum payments.
Monthly budget equals all minimums plus extra; avalanche targets the highest APR while snowball targets the smallest balance.
Avalanche usually lowers interest; snowball can create quicker wins. Your data determines the result.
Calculations run locally in your browser; entered financial values are not sent to a server.
Practical example
- Enter one debt per line using Name, balance, APR, minimum payment.
Limitations and notes
- Use positive rates, terms and amounts. Results are estimates and do not include lender-specific rules or fees.
How to use
- 1Enter one debt per line: name, balance, APR, minimum.
- 2Choose avalanche or snowball.
- 3Review payoff order, months and total interest.
Frequently asked questions
Which strategy saves more interest?
Avalanche usually lowers interest; snowball can create quicker wins. Your data determines the result.
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