Ekuation

strategy

Debt Snowball Calculator

Use the snowball method to pay off your debts, focusing on smallest balances first for quick wins and motivation.

Back to Debt Payoff Calculator
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Extra amount beyond minimum payments — even $50/month can save thousands in interest

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Debt Payoff Tips

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Try an Example

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Credit Card Payoff

Pay off $5,000 credit card debt with $800/mo budget using avalanche method.

Key values: $5,000 balance · 18.99% APR · $800/mo budget

Mixed Debt Strategy

Compare avalanche vs snowball for $37,000 across 3 debts.

Key values: $37,000 total · 3 debts · Compare strategies

Extra Payment Impact

See how $200 extra per month accelerates a $15,000 auto loan payoff.

Key values: $15,000 auto loan · $200 extra/mo · Savings analysis

Related strategy Variants

Explore more strategy options

Snowball

Debt Snowball Calculator | Pay Off Smallest Debts First

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Avalanche

Debt Avalanche Calculator | Pay Off Highest Interest First

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