Debt payoff calculator

Free calculator

Debt payoff calculator

Enter your debts and compare how long it takes to pay them off with the avalanche vs. snowball method.

Your debts

Name

Balance

Annual rate %

Min. payment

Name

Balance

Annual rate %

Min. payment

Extra monthly payment (on top of minimums)

Avalanche method

Highest rate first

24

months to pay off

US$ 2.116.625,53

Total interest paid

Snowball method

Smallest balance first

24

months to pay off

US$ 2.116.625,53

Total interest paid

Simplified estimate assuming fixed rates and consistent payments. Doesn't include late fees or rate changes.

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