STRATEGY
Avalanche
—
MONTHS TO DEBT-FREE
Total interest paid: —
STRATEGY
Snowball
—
MONTHS TO DEBT-FREE
Total interest paid: —
Enter your debts below to see which strategy gets you out faster.
Your debts
Add each debt with its current balance, interest rate, and minimum monthly payment. We’ll do the simulation.
NAME
BALANCE
APR %
MIN / MO
$
$
$
$
$
$
$
Applied to the priority debt (highest rate for Avalanche, smallest balance for Snowball).
The honest truth about both strategies: Avalanche saves the most money — it’s mathematically optimal. Snowball gives you faster psychological wins because you eliminate whole debts sooner. The right strategy is the one you’ll actually stick to for 24+ months. Pick the one you can hold.
Want to lock in the plan?
Email yourself a copy of this payoff plan. We’ll also let you know when debt payoff tracking lands in The Budget App.
Make the extra payment a real line item.
Your debt-paydown plan only works if you actually have that $200/mo free. The The Budget App is the anti-subscription tool that lets you allocate it — family 50/30/20, manual entry, $39 once.
See The Budget App