Debt Avalanche Calculator
Estimate debt payoff timeline using the avalanche method (highest APR first). Free debt payoff calculator with payoff order.
The debt avalanche method orders debts by APR from highest to lowest. This calculator provides illustrative estimates of your payoff timeline when applying extra payments to the highest-interest debt first, then rolling freed payments to the next debt.
Calculator
Common use cases
- Planning a debt payoff strategy
- Estimating time to become debt-free
- Understanding how extra payments affect payoff
How to use
- Add each debt with its name, balance, APR, and minimum payment
- Optionally enter an extra monthly payment amount
- View the estimated payoff order and timeline
FAQ
What is the avalanche method?
The avalanche method pays off debts from highest APR to lowest. When one debt is paid off, its payment rolls to the next highest-interest debt.
How is this different from snowball?
Avalanche orders by interest rate (highest first), while snowball orders by balance (smallest first). They use the same payment math.
This calculator provides illustrative estimates for planning purposes only and does not constitute financial, tax, or legal advice.