Debt Payoff Planner

Debt snowball · avalanche · payoff timeline
Both make every minimum payment. Your extra money goes to one target balance at a time.

Debt 1

Debt 2

Add an optional third debt

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How the payoff methods work

Debt avalanche puts your extra payment toward the highest interest rate and generally costs the least. Debt snowball targets the smallest balance first, creating earlier paid-off accounts that can help some people stay consistent. This planner applies every required payment, rolls a cleared payment into the next target, and assumes no new borrowing.

Important: this is a planning estimate. Keep making at least required payments, check your lender statement for fees or variable-rate changes, and contact the lender early if a payment may be missed.

Frequently asked questions