Snowball vs. Avalanche Debt Calculator

Compare the two most popular debt repayment strategies to see which works best for your situation. The Debt Snowball method focuses on paying off your smallest debts first (for psychological wins), while the Debt Avalanche method targets highest-interest debts first (for mathematical efficiency).

Enter Your Debts

Debt Name Current Balance Interest Rate (%) Minimum Monthly Payment Action

Enter any extra amount you can pay each month beyond the minimum payments.

Strategy Comparison Results

Debt Snowball Method

The Debt Snowball method focuses on paying off your smallest debts first, regardless of interest rate. This creates quick wins to help build momentum and motivation.

Payoff Time
Total Interest
Total Paid

Debt Avalanche Method

The Debt Avalanche method targets the highest-interest debts first, which mathematically saves the most money in interest over time.

Payoff Time
Total Interest
Total Paid

Overall Comparison

Interest Savings:

Time Difference:

Payoff Visualization
Snowball Schedule
Avalanche Schedule
Payment Order Debt Name Starting Balance Interest Rate Payoff Date Interest Paid
Payment Order Debt Name Starting Balance Interest Rate Payoff Date Interest Paid