Debt Snowball vs Avalanche Calculator

Debt Snowball vs Avalanche Calculator

Two proven payoff strategies: Snowball kills the smallest balance first (motivation), Avalanche kills the highest rate first (math). Compare both on YOUR debts.

Debt 1 — Balance ($)

Debt 1 — APR (%)

Debt 2 — Balance ($)

Debt 2 — APR (%)

Debt 3 — Balance ($, 0 if none)

Debt 3 — APR (%)

Total Monthly Budget for All Debts ($)

Winner on the Math

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🏔️ Avalanche: Debt-Free In / Interest—

⛷️ Snowball: Debt-Free In / Interest—

Avalanche Saves$0

First Win (Snowball's first cleared debt)—

Simulation: each debt gets a minimum payment (2% of balance, $25 floor); the rest of your budget attacks the target debt, and freed-up payments roll over as debts clear. Avalanche always wins or ties mathematically, but research shows Snowball's quick wins keep more people on track — the best strategy is the one you'll stick with. If the budget can't cover minimums, the tool warns you. Estimates only.