Your Debt Payoff Plan
Enter your debts below. Switch between Snowball and Avalanche to compare. Nothing is saved unless you sign in.
My debts
Debt name
Balance
Min payment
Interest %
Even $25 extra makes a real difference.
Snowball: pay minimums on all debts, attack the smallest balance first.
Debt free in
2 yr 7 mo
Total interest paid
$1,172
Total principal paid
$10,750
Saved with extra
1 yr 2 mo · $929
Payment breakdown — Snowball
Total principal
$10,750
The actual debt you owe
Total interest paid
$1,172
Cost of carrying debt
Grand total paid
$11,922
Principal + interest
How does Snowball compare to Avalanche?
Interest difference
Both methods cost the same in interest.
Time difference
Both methods finish in the same number of months.
Balance over time
Where your debt is
Payoff order — Snowball
- 1Store CardPaid off in 4 mo
- 2Credit CardPaid off in 1 yr 4 mo
- 3Car LoanPaid off in 2 yr 7 mo
Results table — Snowball
| # | Debt | Principal | Interest paid | Total paid | Paid off |
|---|---|---|---|---|---|
| 1 | Store Card | $450 | $23 | $473 | Month 4 (4 mo) |
| 2 | Credit Card | $1,800 | $296 | $2,096 | Month 16 (1 yr 4 mo) |
| 3 | Car Loan | $8,500 | $854 | $9,354 | Month 31 (2 yr 7 mo) |
| Totals | $10,750 | $1,172 | $11,922 | 2 yr 7 mo | |