Step 1

List your debts

Ready

Use current balances and minimums. Values stay in your browser and are not saved or sent anywhere.

Debts

APR is modeled as a nominal annual rate divided by 12.

Debt 1: Credit card

Debt 2: Student loan

Debt 3: Auto loan

Payment plan

Added on top of all minimum payments

Used to label modeled payoff dates

Method note: payoff-order concepts are described in archived CFPB debt-reduction guidance and the CFPB worksheet.

Step 2 / equal budget

$725 per month

Both strategies receive the same minimum payments plus $250 extra.

Avalanche result

Debt-free date

2028-12-01

35 months · $24,712 total modeled payments

Total interest$2,212
First payoff win2026-10-01
Payoff orderCredit card → Student loan → Auto loan

Strategy difference

These values compare the modeled outputs, not a guaranteed outcome.

Interest saved by avalanche$0
Months saved by avalanche0

Remaining balance comparison

Both modeled payoff orders use the same monthly budget.

The lines show how each strategy reduces the combined balance over the modeled schedule. The table below remains the detailed source for each month.

Month-by-month schedule

Avalanche order · minimums first, then available extra

35 months
Avalanche monthly debt payoff schedule
MonthDateInterestPaymentRolled minimumsRemaining
12026-02-01$150$725$0$21,925
22026-03-01$143$725$0$21,344
32026-04-01$136$725$0$20,755
42026-05-01$129$725$0$20,159
52026-06-01$122$725$0$19,556
62026-07-01$114$725$0$18,946
72026-08-01$107$725$0$18,328
82026-09-01$99$725$0$17,702
92026-10-01$91$725$0$17,068
102026-11-01$86$725$75$16,429
112026-12-01$83$725$75$15,787
122027-01-01$79$725$75$15,142
132027-02-01$76$725$75$14,493
142027-03-01$73$725$75$13,840
152027-04-01$69$725$75$13,185
162027-05-01$66$725$75$12,526
172027-06-01$62$725$75$11,863
182027-07-01$59$725$75$11,197
192027-08-01$55$725$75$10,527
202027-09-01$52$725$75$9,854
212027-10-01$48$725$75$9,178
222027-11-01$45$725$75$8,497
232027-12-01$41$725$75$7,814
242028-01-01$38$725$75$7,126
252028-02-01$34$725$75$6,435
262028-03-01$30$725$75$5,741
272028-04-01$27$725$75$5,043
282028-05-01$23$725$75$4,341
292028-06-01$20$725$175$3,636
302028-07-01$17$725$175$2,928
312028-08-01$13$725$175$2,216
322028-09-01$10$725$175$1,501
332028-10-01$7$725$175$783
342028-11-01$4$725$175$62
352028-12-01$0$62$175$0
Read assumptions and limitations

The model applies monthly interest using APR ÷ 12 to each opening balance. It pays each active debt's minimum first, then directs the remaining fixed budget to the current snowball or avalanche target. Once a debt is paid, its minimum is available inside the same total budget.

It does not model issuer-specific payment allocation, daily interest, fees, new charges, rate changes, late fees, taxes, credit-score effects, or lender rules. Actual statements can differ. This educational estimate is not financial advice.

Debt payoff questions

What is the difference between snowball and avalanche payoff?

Snowball sends available extra payment to the smallest balance first. Avalanche sends it to the highest APR first. This tool compares both orders with the same total monthly budget.

Does avalanche always finish first?

Not necessarily. The result depends on the balances, APRs, minimums, payment budget, and the assumptions entered. The model reports the difference rather than promising a universal winner.

What does rolled-over payment mean here?

It is the minimum payment that becomes available after a debt is modeled as paid off. The fixed total budget then remains available for the debts still open.