Debt Payoff: Snowball vs Avalanche

Compare paying off smallest balances first vs highest interest rates first, up to 3 debts.

Debt A — Balance

Debt A — Interest Rate (%/yr)

Debt A — Minimum Payment

Debt B — Balance

Debt B — Interest Rate (%/yr)

Debt B — Minimum Payment

Debt C — Balance (0 to skip)

Debt C — Interest Rate (%/yr)

Debt C — Minimum Payment

Extra Monthly Payment

$200

How do you want to win this?

Getting out of debt isn't just math — it's momentum.

Your Target Timeline

Debt-free by August 2028

First target: Debt A — gone by January 2027, 5 months from now.

Avalanche saves you $104 in interest compared to snowball.

How this is calculated

Simulates both strategies month by month: every debt gets its minimum; freed-up minimums and your extra payment attack one target debt at a time — smallest balance first (snowball) or highest rate first (avalanche). Avalanche minimizes interest; snowball front-loads wins.