Debt Payoff Calculator · Snowball vs Avalanche · fairfaxcountycalculators.org

Compare payoff strategies

Compare two common payoff strategies. Avalanche targets highest interest first (saves the most money). Snowball targets lowest balance first (wins early).

Payoff plan

Total monthly budget ($) Total you can pay across all debts each month. Method Avalanche saves the most interest; snowball gives quick wins.

Debts

Debt 1 name Balance ($) Interest rate (%) Min payment ($/mo)

Debt 2 name Balance ($) Interest rate (%) Min payment ($/mo)

Debt 3 name Balance ($) Interest rate (%) Min payment ($/mo)

Enter at least one debt to see a payoff projection.

This calculator does not include fees, penalties, or promotional-rate changes. Use it for comparison, not exact payoff dates.