Debt Payoff Calculator
Plan debt payoff with snowball or avalanche method — see exact months to debt-free.
Name
Balance
APR %
Min Pay
Frequently Asked Questions
Snowball vs avalanche — which is better?
Avalanche (highest APR first) always saves the most money mathematically. Snowball (smallest balance first) gives psychological wins and helps many people stick with the plan. Both work — the best method is the one you'll follow.
What's 'extra monthly payment'?
Money beyond the combined minimums that you'll apply to one debt at a time. Once a debt is paid off, its minimum payment rolls over to attack the next target.