Debt Avalanche
Enter your debts and see how the avalanche method saves you money.
Payoff time (avalanche)
0 months
Total interest: $0
Total debt
$0
Avalanche months
0
Avalanche interest
$0
Snowball interest
$0
Interest saved vs snowball
$0
Payoff order
—
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Debt 1 — balance ($) | $5,000 |
| Debt 1 — APR (%) | 22% |
| Debt 2 — balance ($) | $10,000 |
| Debt 2 — APR (%) | 18% |
| Debt 3 — balance ($) | $3,000 |
| Debt 3 — APR (%) | 15% |
| Monthly payment ($) | $600 |
| Result | Value |
|---|---|
| Payoff time (avalanche) | 30 months |
| Total debt | $18,000 |
| Avalanche months | 30 |
| Avalanche interest | $1,916 |
| Snowball interest | $1,916 |
| Payoff order | Highest APR first |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Debt Avalanche
- Debt 1 — balance ($) — default $5,000
- Debt 1 — APR (%) — default 22%
- Debt 2 — balance ($) — default $10,000
- Debt 2 — APR (%) — default 18%
- Debt 3 — balance ($) — default $3,000
- Debt 3 — APR (%) — default 15%
- Monthly payment ($) — default $600
- Press Calculate to update the results instantly.