Debt Payoff Calculator

Advanced Debt Payoff Calculator – Snowball vs Avalanche

💳 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