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Debt Payoff Planner
Compare the snowball and avalanche payoff orders and see the interest each one costs you.
List your debts
Total interest, snowball: —
Total interest, avalanche: —
Chosen plan interest: —
Debt free date: —
Months to debt free: —
Total paid: —
How to use the Debt Payoff Planner
- List each debt with its balance, interest rate and minimum payment.
- Add any extra amount you can put towards the debts each month.
- Compare the snowball and avalanche totals, then read the monthly schedule.
Features
- Snowball and avalanche payoff orders
- Total interest and paid for each method
- Debt free date and months remaining
- Month by month schedule preview
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Frequently Asked Questions
Common questions about the free online debt payoff planner.
With the snowball you pay the minimum on every debt and throw all spare money at the smallest
balance first, then roll that payment on to the next.
With the avalanche you attack the debt with the highest interest rate first while paying the
minimums elsewhere, which usually costs less interest.
The avalanche almost always saves more interest because it removes the most expensive debt
first, and the comparison table shows the exact difference.
Clearing a small debt quickly gives a psychological boost, and many people stick with a plan
that feels rewarding more reliably.
Type one debt per line as name, balance, annual interest rate and minimum payment, separated
by pipe characters.
Yes. Interest is added to each balance every month before payments are applied, so the totals
reflect the real cost of borrowing.
If the minimum payments do not cover the monthly interest the plan would never finish, so the
tool caps the projection at six hundred months.
Yes. Extra money goes straight to the target debt, which cuts both the interest you pay and
the number of months until you are debt free.
No. All of the projections are calculated locally in your browser and none of your balance
figures are transmitted or stored.
Last updated: October 10, 2026