Enter your debts and a monthly extra payment to get a clear debt-free date and total interest, comparing the motivational snowball method against the math-optimal avalanche.
How it works
- List your debts line-by-line (Balance, APR, Minimum Payment).
- Enter how much extra cash you can put towards debt monthly.
- Toggle between Snowball and Avalanche to see which method clears you faster.
Frequently asked questions
Snowball or avalanche, which is better?
Avalanche saves the most interest mathematically. Snowball gives faster psychological wins, which helps many people actually finish.
What is the rolling effect?
When one debt is cleared, its payment is added to the next debt; the freed-up money snowballs, accelerating each payoff.
Does it count new debt?
No, it assumes you stop adding debt. New balances reset the plan.