Debt Snowball vs. Avalanche Planner

Input your debts to compare the Snowball (pay smallest balances first for psychological wins) and Avalanche (pay highest interest rates first to save money) repayment strategies. See detailed payoff schedules for both.

Debt Details
List your debts. The planner will compare Snowball (smallest balance first) and Avalanche (highest interest rate first) methods. Any "Optional Extra Payment" you designate for a specific debt will be applied to it monthly before any roll-over amount from paid-off debts.

The total outstanding amount you currently owe.

Smallest amount lender requires monthly.

Annual Percentage Rate (e.g., 18.9 for 18.9%).

Additional for this debt, on top of min.