Debt Snowball vs. Avalanche Calculator

Compare the two most popular methods for paying off debt to see which saves you more money.

Debt 1 Balance ($) (Smallest Balance) Debt 1 Interest Rate (%) Debt 1 Minimum Payment ($)

Debt 2 Balance ($) (Highest Interest) Debt 2 Interest Rate (%) Debt 2 Minimum Payment ($)

Extra Monthly Budget for Debt ($)

Strategy Comparison

❄️ Snowball Method

0 Months

Interest: $0

🏔️ Avalanche Method

0 Months

Interest: $0