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HomeFinanceDebt Payoff Calculator
Finance

Debt Payoff Calculator

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Model snowball vs avalanche payoff plans, see interest and months to debt-free, and get a clear payoff order.

Compare strategiesNo UploadFree

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Frequently Asked Questions

Quick answers to common questions

What is the snowball method?+

You pay minimums on all debts, then put every extra rupee toward the smallest balance first. Paying off small debts early can feel motivating.

What is the avalanche method?+

Same idea, but extra payments go to the highest interest rate first. That usually minimizes total interest paid.

Which should I choose?+

Compare both in this tool. If the interest difference is small, snowball’s early wins may help you stick with the plan. If the gap is large, avalanche usually saves more money.

Is my debt data uploaded?+

No. Everything stays in your browser.

Your data is processed entirely in your browser. Nothing is sent to any server.

Debt nameBalanceAPR %Min. payment

snowball

27 months

Interest: ₹52,566

Smallest balance first — quicker early wins

avalanche

27 months

Interest: ₹52,566

Highest APR first — usually less interest

Both strategies — balance over time

Payoff order (avalanche)

  1. Credit card — month 11
  2. Personal loan — month 27