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Debt Payoff Calculator

Compare the avalanche (pay highest interest first) and snowball (pay smallest balance first) methods to find your optimal path to debt freedom.

Debt Payoff Calculator

Compare avalanche vs. snowball strategies to crush your debt faster.

$0$2,000

Your avalanche plan summary

Total Debt

$20,000

Debt-free In

6y 6m

Interest Cost

$4,729

Avalanche Method: Maximum Savings

The debt avalanche focuses on the highest-interest debt first. Mathematically, this saves you the most money in interest payments. Once you pay off the highest-rate debt, you roll that payment into the next highest, creating an accelerating "avalanche" effect.

Snowball Method: Maximum Motivation

The debt snowball targets the smallest balance first, giving you quick wins and psychological momentum. You feel progress faster, which can help you stay on track. Research shows the snowball method leads to more people actually completing their debt payoff journey.

Which Should You Choose?

If you're motivated by numbers, use avalanche. If you need early wins to stay motivated, use snowball. Either method beats making only minimum payments — the key is to actually stick with it.