❄️ Debt Payoff Calculator
Add your debts and your monthly payment budget. We'll show you the snowball method (smallest balance first, for motivation) vs the avalanche method (highest interest first, for lowest total interest).
Advertisement
Your debts
One row per debt. Name is for you — any label that reminds you which debt it is. Balance = remaining principal owed today. APR% = the loan's annual interest rate. Min/mo = the minimum payment required by the lender each month (we apply this first; anything left over from your total budget goes to the focus debt).
Name
Balance ($)
APR (%)
Min/mo ($)
Total balance: $16,500 · Required minimum: $350/mo
❄️ SnowballLess interest ↓
Pay smallest balance first
3y 2m
Total interest: $2,429
🏔️ Avalanche
Pay highest interest first
3y 2m
Total interest: $2,429