Enter your balances once. Compare the snowball and avalanche methods side by side, and see precisely how much interest an extra monthly payment saves you.
Add every credit card, loan, or balance you're paying off.
Snowball: pay minimums on everything, then throw every extra dollar at your smallest balance first. Builds momentum and motivation fastest.
Avalanche: pay minimums on everything, then throw every extra dollar at your highest interest rate first. Mathematically saves the most money.
Fill in your debts and click "Calculate" to see your debt-free date, payoff order, and total interest.
A few honest reads on what actually moves the needle.
Before you take on a mortgage on top of existing debt, here's how lenders calculate what you can safely carry — and where their number and your comfortable number usually disagree.
Read the guide →The avalanche method saves more in interest. So why do most people who finish paying off debt say they used the snowball? A look at the behavioral side of debt payoff.
Read the guide →