Calculator guide
Debt Avalanche Calculator
A debt avalanche plan pays the highest APR debt first after all minimum payments are covered. It usually reduces total interest compared with paying lower-rate debt first.
What the calculator shows
- Estimated payoff date using a highest-interest-first order.
- Total interest and interest saved compared with minimum-only payments.
- Charts and monthly schedule for reviewing the plan.
When to use avalanche
Use avalanche when your priority is reducing cost and you can stay patient even if the first debt takes longer to disappear.