Debt Snowball
Enter your debts and see your snowball payoff plan.
Payoff time (snowball)
0 months
Total interest: $0
Total debt
$0
Snowball months
0
Snowball interest
$0
Avalanche interest
$0
Extra cost vs avalanche
$0
Payoff order
—
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Debt 1 — balance / APR | 3000 |
| Debt 2 — balance / APR | 5000 |
| Debt 3 — balance / APR | 10000 |
| Monthly payment ($) | $600 |
| Result | Value |
|---|---|
| Payoff time (snowball) | 33 months |
| Total debt | $18,000 |
| Snowball months | 33 |
| Snowball interest | $2,620 |
| Avalanche interest | $2,553 |
| Extra cost vs avalanche | +$67 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Debt Snowball
- Debt 1 — balance / APR — default 3000
- Debt 2 — balance / APR — default 5000
- Debt 3 — balance / APR — default 10000
- Monthly payment ($) — default $600
- Press Calculate to update the results instantly.