Debt payoff
Debt Payoff Calculator
Compare the debt avalanche and debt snowball methods and see when you'll be debt-free and how much interest you'll pay.
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On top of all minimum payments.
| Strategy | Debt-free in | Total interest |
|---|---|---|
| Avalanche (highest APR first) | 2 yr 10 mo | $3,729 |
| Snowball (smallest balance first) | 2 yr 10 mo | $3,729 |
Both strategies cost about the same here — pick the one you'll stick with.
Assumes fixed APRs, no new charges, and the same total monthly budget throughout (freed-up minimum payments roll onto the next debt). Promotional rates and fees are not modelled.
