Design Your
Debt-Free Method.
Compare proven payoff strategies side by side to discover exactly how quickly you could be debt-free. Nothing you enter is saved or sent anywhere.
Four Roads to Debt-Free
There's more than one smart way to pay down debt. This calculator runs your numbers through three popular strategies — plus a custom order you set yourself — so you can see the difference in time and in dollars.
❄️ The Snowball
You pay the minimum on every debt, then throw every extra dollar at your smallest balance first. Each debt you knock out is a quick, motivating win — and the freed-up payment rolls onto the next one.
🏔️ The Avalanche
You pay the minimum on every debt, then throw every extra dollar at your highest interest rate first. It's the math-optimal route — it almost always costs you the least interest overall.
💵 Highest Payment
You pay the minimum on every debt, then throw every extra dollar at the debt with the largest minimum payment first. Clearing it frees up the most monthly cash — a relief if money is tight or you want flexibility quickly.
🎯 Your Custom Plan
You decide the attack order based on what matters to you — maybe a debt to a family member you want gone, or one with the most emotional weight. Set your order with the arrows on each debt below.
Step 1 — Add your debts
List each debt you're working to pay off. We've started you with an example — edit the numbers to match yours. Use the ↑ ↓ arrows on each card to set the order for your Custom Plan.
The total you can put toward all debts each month. Must cover every minimum payment.
This calculator is an educational estimate. It assumes your interest rates, minimum payments, and monthly budget stay the same and that no new debt is added. Real-world results vary with rate changes, fees, and life. It is not financial advice. For a plan built around your full picture, let's talk.