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Debt Snowball vs. Avalanche Calculator

Enter your debts, set your extra monthly payment, and see which payoff strategy wins.

Snowball Method

Pay off debts from smallest balance to largest, regardless of interest rate. Each payoff frees up cash that gets rolled into the next debt. Best for motivation — quick early wins keep you on track.

Avalanche Method

Pay off debts from highest APR to lowest. Mathematically optimal — you always minimize total interest paid. Best if you're disciplined and want the lowest possible cost.

Your Debts

Debt Name Balance ($) APR (%) Min Payment ($)

Results

Snowball

Lowest Balance First
Payoff Order

Avalanche

Highest APR First
Payoff Order

Side-by-Side Comparison

Metric Snowball Avalanche
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