Debt Avalanche Calculator

Use our free debt avalanche calculator to see how paying off debts in order of highest interest rate first saves you the most money on interest. Enter up to 5 debts and an extra monthly payment.

Financial

Currency

Debt 1 - Balance

Debt 1 - Interest Rate (%)

Debt 1 - Min Payment

Debt 2 - Balance

Debt 2 - Interest Rate (%)

Debt 2 - Min Payment

Debt 3 - Balance

Debt 3 - Interest Rate (%)

Debt 3 - Min Payment

Debt 4 - Balance

Debt 4 - Interest Rate (%)

Debt 4 - Min Payment

Debt 5 - Balance

Debt 5 - Interest Rate (%)

Debt 5 - Min Payment

Extra Monthly Payment

Formula

The debt avalanche method saves you the most money by targeting debts with the highest interest rates first. Enter your debts and an extra payment to see the avalanche payoff plan.

Sort debts by highest interest rate, apply extra payments to the highest-rate debt first

Percentage: The percentage value you want to apply

Number: The original number or value

Result: The calculated result

How It Works

1Enter up to 5 debts with balance, interest rate, and minimum payment.
2Add any extra monthly payment you can put toward debt.
3Debts are sorted by interest rate (highest first).
4Extra payments go to the highest-rate debt while minimums are paid on others.

Examples

$5,000 at 22% + $10,000 at 18%, $100 extra

1.Debt 1 ($5k at 22%) is targeted first as highest rate
2.Min payments on Debt 2 while Debt 1 is paid off
3.After Debt 1, its payment + extra rolls to Debt 2

Result: 3 yr 2 mo

Frequently Asked Questions

A debt payoff strategy where you target the highest interest rate debt first while making minimum payments on others.

Avalanche targets highest rates first (saves most interest), snowball targets smallest balances first (provides psychological wins).

Avalanche saves more money, but snowball may be better if you need motivation from quick wins.

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Debt Avalanche vs Snowball

CalculateMe Team

Last updated: 2026-07-15

Frequently Asked Questions

A debt payoff strategy where you target the highest interest rate debt first while making minimum payments on others.

Avalanche targets highest rates first (saves most interest), snowball targets smallest balances first (provides psychological wins).

Avalanche saves more money, but snowball may be better if you need motivation from quick wins.

Debt Avalanche Calculator

Formula

How It Works

Examples

$5,000 at 22% + $10,000 at 18%, $100 extra

Frequently Asked Questions

What is the debt avalanche method?

How is avalanche different from snowball?

Which method is better?

Related Calculators

Related Articles

Debt Avalanche Calculator

Formula

How It Works

Examples

$5,000 at 22% + $10,000 at 18%, $100 extra

Frequently Asked Questions

What is the debt avalanche method?

How is avalanche different from snowball?

Which method is better?

Related Calculators

Related Articles