Debt Avalanche Calculator

Create an optimized debt payoff plan using the avalanche method. Pay off high-interest debts first to minimize total interest paid.

Your Debts

Add all your debts to create a personalized payoff strategy

Debt 1

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Debt 2

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Extra Payment Strategy

Additional amount you can pay towards debt each month

This amount will be applied to your highest interest rate debt first

Debt Payoff Strategy Guide

Master the art of debt elimination with proven strategies and expert tips

Frequently Asked Questions

Everything you need to know about debt avalanche and snowball methods

About the Debt Avalanche Method

Mathematically Optimal

Prioritize high-interest debts first while paying minimums on others to minimize total interest and become debt‑free faster.

How the Debt Avalanche Works

Follow these steps each month

  1. 1List all debts with balances, minimum payments, and interest rates.
  2. 2Make minimum payments on all debts.
  3. 3Apply any extra money to the debt with the highest interest rate.
  4. 4After payoff, roll that payment to the next highest‑rate debt.
  5. 5Repeat until all debts are eliminated.

Avalanche vs. Snowball Method

Choose the approach that best fits your personality and goals

Debt AvalancheSaves more on interest

Targets high‑interest debts first for maximum savings and fastest mathematical payoff.

Debt SnowballMotivation & quick wins

Pays off the smallest balances first to build momentum and keep motivation high.

Both methods work — the best one is the one you'll stick with consistently.

Debt Payoff Strategy FAQ