🏔️ Debt Avalanche Calculator
Use the debt avalanche method (highest interest rate first) to see how fast you can pay off multiple debts and how much interest you’ll save.
What is the debt avalanche method?
The debt avalanche method focuses any extra payment on the debt with the highest interest rate first, while making minimum payments on the rest. Mathematically, this minimizes the total interest you pay compared to other payoff orders.
How this calculator works
Enter the balance, APR, and minimum payment for up to two debts, plus any extra amount you can pay each month. We simulate the payoff month by month, always directing your extra payment toward whichever debt currently has the highest interest rate, until both balances reach zero.
This calculator is for general planning purposes and assumes payments are made consistently with no new charges added.