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Debt Snowball Calculator
Compare snowball vs avalanche strategies to pay off your debt faster.
Total debt: $42,000
Snowball
Smallest balance first
Debt Free In6y 6mo
Total Interest$7,504
Payoff Order
1. Credit Card — month 21
2. Car Loan — month 39
3. Student Loan — month 78
Avalanche
Highest interest first
Debt Free In6y 6mo
Total Interest$7,504
Payoff Order
1. Credit Card — month 21
2. Car Loan — month 39
3. Student Loan — month 78