Debt Payoff Calculator

Compare the avalanche method (pay highest APR first) with the snowball method (pay smallest balance first) to find the best strategy for you.

Disclaimer

This calculator is for educational purposes only and does not constitute financial advice. Results are estimates and may not reflect your actual situation. Your inputs stay in your browser and are not stored or transmitted.

Balance ($)

APR (%)

Min Payment ($)

Extra Monthly Payment ($)

Amount you can pay above all minimums each month.