Debt Payoff Calculator
Plan your debt-free journey with snowball and avalanche strategies. See payoff dates, total interest, and how extra payments accelerate your progress.
💳 Your Debts
2 debts🏔️ Targets highest interest rate first — saves the most money overall
📉 Balance Over Time
📋 Payoff Order
🏔️ Debt Avalanche
Pay the highest interest rate first. Mathematically optimal — saves the most money overall. Best if you are disciplined and patient.
⛄ Debt Snowball
Pay the smallest balance first. Provides quicker wins for motivation. Popular method recommended by financial coaches for building momentum.
Frequently Asked Questions
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