Financial Calculator
Avalanche vs Snowball
Compare debt payoff strategies — see which saves more interest & which pays off fastest.
Avalanche Method
Highest rate first
Pay minimums on all debts, then throw every extra dollar at the highest-interest debt. Mathematically optimal — you pay the least total interest.
Snowball Method
Smallest balance first
Pay minimums on all debts, then attack the smallest balance first. Each payoff frees up cash and builds momentum — great for motivation.
Your Debts
Debt Name
Balance
APR %
Min Payment
Extra Monthly Payment
Extra $ per Month
$
Avalanche
Highest Rate First
Minimum interest paid
Total Interest
—
Months to Debt-Free
—
—
Snowball
Smallest Balance First
Fastest early wins
Total Interest
—
Months to Debt-Free
—
—
Total Remaining Debt Over Time
Avalanche Method
Snowball Method
Avalanche Payoff Order
DebtAPRPaid OffInterest
Snowball Payoff Order
DebtBalancePaid OffInterest
For educational purposes only. Results assume fixed interest rates and consistent payments.