Debt Payoff Calculator
Add your debts, compare snowball vs avalanche strategies, and see exactly when you'll be debt-free — plus how much interest you'll save.
Your Debts
Add each debt below. We'll calculate the rest.
Additional amount above minimums each month
Strategy Comparison
See which approach gets you debt-free faster.
Avalanche
Highest rate first
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Snowball
Smallest balance first
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Payment Schedule
Month-by-month breakdown of your payoff journey.
| Month | Payment | Balance |
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Track Your Payoff in the App
Spendify automatically tracks your progress, adjusts your plan as you pay, and shows your debt-free date in real time.
Snowball vs Avalanche: Which Is Right for You?
Two proven strategies for paying off debt. Each prioritizes your payments differently.
Avalanche Method
Mathematically optimal
Pay minimums on everything, then throw all extra money at the debt with the highest interest rate. Once it's gone, move to the next highest.
Snowball Method
Psychologically powerful
Pay minimums on everything, then throw all extra money at the debt with the smallest balance. Quick wins build momentum.
Want to learn more?
Read our guide on choosing the right debt payoff strategy for your situation.
Ready to Actually Pay It Off?
Stop guessing. Spendify tracks every payment and shows your progress in real time.
