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Debt Payoff

Snowball vs. avalanche, payoff timeline, and the interest each strategy costs you.

Your debts

NameBalance $APR %Min $/mo

Each month every minimum gets paid, the extra goes to the target debt, and when a debt is gone its payment rolls into the next one (the "debt snowball" effect — both strategies use it; they differ only in which debt gets targeted first).

Debt-free (avalanche)
Debt-free (snowball)
Avalanche saves
in interest vs. snowball
Total owed today

Total balance over time

Avalanche (highest APR first) Snowball (smallest balance first)

Payoff order — avalanche

#DebtAPRPaid off in