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Compare the debt snowball and avalanche strategies side by side. Enter your debts and an optional extra monthly payment to see exactly when you will be debt-free.

Debt

Name

Balance (€)

APR (%)

Min payment (€)

Extra monthly payment (optional, €)

This is cascaded to the next debt as each one is paid off.

Snowball method

Pay minimums on all debts, then put every extra euro toward the smallest balance. When that debt is cleared, roll its payment into the next smallest. The quick wins build momentum and motivation.

Avalanche method

Pay minimums on all debts, then target the highest interest rate first. Mathematically optimal: you pay less total interest. Best for those who stay motivated without needing quick wins.