Your debts
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Avalanche and snowball produce the same payoff order for these debts.
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Add your debts and calculate to see your payoff timeline.
Debt payoff guide
How to use this debt payoff calculator
Enter each debt balance, interest rate, and minimum payment. Then choose whether to prioritize the highest interest rate first or the smallest balance first.
Avalanche
Pays highest interest debts first to reduce total interest cost.
Snowball
Pays smallest balances first to create quick wins and motivation.
Extra payments
Even a small extra monthly payment can shorten your debt-free timeline.
Example
If you have three debts and add an extra payment each month, this calculator applies minimum payments first, then directs extra money toward the target debt based on your chosen strategy.