Debt Avalanche vs Snowball

Compare both payoff methods side by side, with real interest savings.

Enter your debts here once. The Avalanche and Snowball results below use these numbers automatically.

Extra Monthly Payment

$
Goes to whichever debt is prioritized first. When a debt is paid off, its payment rolls to the next one.

Your Debts (up to 20)

Results

Avalanche Method

Highest interest rate first.
Months to Debt-Free
—
Total Interest Paid—

Payoff Order

    Snowball Method

    Smallest balance first.
    Months to Debt-Free
    —
    Total Interest Paid—

    Payoff Order
      Snowball vs. Avalanche
      —
      Total Interest Paid: Avalanche vs. Snowball

      Estimates for illustration only.

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