See the mathematical difference between paying off your smallest balance first versus your highest interest rate first.
Snowball vs. Avalanche Calculator
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How to Use This Calculator
Enter your debts and your total available monthly payment across all of them.
Frequently Asked Questions
Which method is better?
Avalanche always saves you more money mathematically, but Snowball keeps you motivated.
Which method wins in the Snowball vs. Avalanche Calculator?
Mathematically, the Snowball vs. Avalanche Calculator will always show Avalanche saving you more money because it targets high interest first.
Why does the Snowball vs. Avalanche Calculator offer Snowball then?
The Snowball method builds psychological momentum by clearing small debts quickly. The Snowball vs. Avalanche Calculator lets you compare the exact cost of that motivation.
Does the Snowball vs. Avalanche Calculator combine payments?
Yes, the Snowball vs. Avalanche Calculator assumes that once one debt is paid, its payment rolls over into the next debt.
Is the Snowball vs. Avalanche Calculator for credit cards only?
No, you can input student loans, car loans, and medical debt into the Snowball vs. Avalanche Calculator.