Finance tool
Debt Payoff Calculator
Plan multiple debts with minimum payments and an extra monthly amount. Compare the highest-interest avalanche with the smallest-balance snowball approach.
Debt payoff plan
Debt-free timeline
81 months
Total interest$9,400
Payoff orderCredit card → Student loan
Two payoff strategies, one measurable plan
Avalanche prioritizes the highest APR and usually minimizes interest. Snowball prioritizes the smallest balance and can create faster visible wins. The right choice is the one you can follow consistently.
Minimum payments, promotional rates, fees, and new charges can change the schedule. Update balances regularly.
Related calculators
Explore more fast calculators from GetCalcly.