Debt Payoff Calculator

See how long it will take to pay off all your debts. Compare the avalanche method (highest rate first) vs snowball method (smallest balance first).

Debt 1 Name

Balance ($)

Interest Rate (%)

Minimum Payment ($)

Debt 2 Name

Balance ($)

Interest Rate (%)

Minimum Payment ($)

Extra Monthly Payment Budget ($)

Above minimum payments: applied to target debt

Total Debt

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Total Monthly Payment

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Debt-Free Date (Avalanche)

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Total Interest (Avalanche)

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Avalanche vs Snowball

The avalanche method (highest interest first) saves the most money mathematically. The snowball method (smallest balance first) provides psychological wins and faster momentum. Both work — pick the one you'll stick with.