Debt Snowball vs Avalanche Calculator

Enter your debts and the extra amount you can pay each month. See both payoff plans side by side.

Your numbers

Credit card

Balance $

APR %

Min $/mo

Car loan

Balance $

APR %

Min $/mo

Store card

Balance $

APR %

Min $/mo

Personal loan

Balance $

APR %

Min $/mo

Extra payment per month ($)

Avalanche (highest APR first)

2y 6m

Interest: $2,734 · Order: Credit card → Store card → Car loan

Snowball (smallest balance first)

2y 6m

Interest: $2,847 · Order: Store card → Credit card → Car loan

Avalanche saves you

$113

0 months sooner

How the two methods work

Each month you pay the minimum on every debt. All extra money, plus minimums freed up by debts you have already cleared, goes to one target: the smallest balance (snowball) or the highest APR (avalanche). Read the full snowball vs avalanche comparison.

Assumptions

Interest compounds monthly at each APR, minimums stay fixed, and no new charges are added.

Understand the concepts

How credit cards work APR Borrowing costs All calculators