Free Calculator
Debt payoff calculator
Enter your debts and see how fast you could be debt-free — and compare the snowball and avalanche methods side by side.
All calculatorsPayoff method
Snowball clears the smallest balance first for quick wins; avalanche targets the highest interest rate to save the most money.
Your results
Debt-free in
4y 4m
Total interest paid
$4,442
Total paid
$18,442
Snowball vs. avalanche
Avalanche saves you $4,186 in interest.
For educational purposes only. Estimates are based on the numbers you enter and assume steady conditions; real results vary. This is not financial advice.
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Get the full month-by-month payoff schedule.
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Debt Payoff Tracker
A dedicated debt-freedom planner — enter up to six debts and get full 48-month snowball and avalanche payoff schedules built automatically, side by side, so you know exactly which method gets you debt-free sooner and which saves more in interest. Includes two colorway options, in both English and Spanish.
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