Debt Payoff Calculator
💳 Advanced Debt Payoff Calculator
Compare Snowball vs Avalanche methods with advanced analytics and visual insights
💰 Debt Information
❄️ Snowball
Smallest First
🏔️ Avalanche
Highest Rate First
1
Card
Loan
Auto
Student
Other
💡 Pro Tips
Snowball Method: Builds momentum and motivation by eliminating smaller debts first
Avalanche Method: Saves more money by tackling highest interest rates first
$5,000
Total Debt
$250
Monthly Payments
18.5%
Average Interest Rate
📊 Debt Overview Chart
❄️ Debt Snowball Method
20 months
Payoff Time
$825
Total Interest
🏔️ Debt Avalanche Method
20 months
Payoff Time
$825
Total Interest
📈 Payoff Progress Visualization
🎯 Payment Schedule
Month | Debt | Payment | Principal | Interest | Remaining |
---|---|---|---|---|---|
Click “Calculate Payoff Plan” to see your detailed payment schedule |