Debt Payoff Calculator
Compare the debt snowball vs avalanche methods and see when you'll be debt-free.
Your Debts
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Additional amount you can put toward debt each month
🏔️
Avalanche Method
Pay highest interest first
Time to payoff6y 11m
Total interest$7,708
⛄
Snowball Method
Pay smallest balance first
Time to payoff6y 11m
Total interest$7,708
✓ Quick wins for motivation
🐌
Minimum Only
No extra payments
Time to payoff10y 9m
Total interest$12,071
By adding $200/month extra:
$4,363
saved in interest
46 months
faster payoff
🏔️ Avalanche Method
Pay off debts with the highest interest rate first. This mathematically saves the most money.
Best for: People motivated by numbers and long-term savings.
⛄ Snowball Method
Pay off debts with the smallest balance first. Quick wins provide psychological motivation.
Best for: People who need motivation and quick victories.
Track Your Debt Payoff Progress
Upload your statements and Adphex will track your debt balances, interest paid, and celebrate your payoff milestones.