Credit Card Debt Payoff Planner
Enter your credit card balances, interest rates, and how much extra you can put toward payoff each month to compare the avalanche (highest rate first) and snowball (lowest balance first) methods.
About this calculator
Compare the avalanche and snowball methods across multiple credit cards to see which one saves you more money and time when paying off debt.
Frequently Asked Questions
What's the difference between avalanche and snowball methods?
Avalanche pays off the highest-interest-rate card first to minimize total interest. Snowball pays off the smallest balance first for psychological wins and momentum.
Which method saves more money?
Avalanche almost always saves more in total interest since it targets the most expensive debt first, but snowball can be more motivating for some people.
Does this account for minimum payments?
Yes, the calculator applies a minimum payment percentage to each card's balance before allocating any extra payment.