Debt Payoff Planner

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$
$0$2,000

On top of all minimum payments

Total debt

$20,700

Monthly payment

$840

Avalanche Saves most

Highest interest rate first: least interest paid.

2 yr 5 mo

Debt-free by Mar 2029 · interest $3,381

  1. 1. Credit card AMar 2028
  2. 2. Credit card BJul 2028
  3. 3. Car loanMar 2029

Snowball

Smallest balance first: quick wins keep you motivated.

2 yr 5 mo

Debt-free by Mar 2029 · interest $3,553

  1. 1. Credit card BMay 2027
  2. 2. Credit card AJul 2028
  3. 3. Car loanMar 2029
Paying only the minimums would take 7 yr 7 mo and cost $11,023 in interest. Your plan saves $7,641 and 5 yr 2 mo. The avalanche method costs $171 less than the snowball.

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