Debt Payoff Calculator
Avalanche vs. Snowball

Enter your debts and see exactly when you'll be debt-free. Compare both methods, see how much interest you'll save, and get a month-by-month payoff schedule.

Avalanche & Snowball methods Month-by-month schedule Interest savings comparison Free — no signup required

❄️ Debt Avalanche Saves Most Interest

Pay minimums on all debts, then put extra money toward the highest interest rate first. Mathematically optimal — saves the most money over time.

⛄ Debt Snowball Most Motivating

Pay minimums on all debts, then put extra money toward the smallest balance first. Quick wins build momentum and motivation.

Your Debts

Debt Name Balance ($) Interest Rate (%) Min. Payment ($)
Amount above minimums to accelerate payoff

📊 Avalanche vs. Snowball Comparison

Method Debt-Free Date Total Interest Total Paid Months

❄️ Avalanche Payoff Order

📅 Month-by-Month Schedule

🔒 Full Schedule — Pro

Unlock MerciliumBudget Pro — Full Payoff Schedule

See your complete month-by-month payoff schedule, export to PDF, and get personalized debt payoff coaching.

Full month-by-month schedule
PDF export of your plan
Custom extra payment scenarios
Debt-free countdown tracker
Interest savings projections
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