Pevlika

Debt Payoff Calculator

See when you’ll be debt-free and how much interest the avalanche or snowball method costs.

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Debts
Strategy

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How to use Debt Payoff Calculator

  1. List your debts with balance, APR and minimum payment.
  2. Add any extra you can pay each month.
  3. Compare strategies and follow the payoff order.

Questions

Avalanche or snowball?

Avalanche (highest interest first) always costs the least interest. Snowball (smallest balance first) gives quicker wins, which some people find motivating.

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