| Snowball total interest | $4,202.94 |
|---|---|
| Avalanche total interest | $3,996.85 |
| Snowball months | 35 |
| Avalanche months | 35 |
| Total owed today | $22,700.00 |
| Total monthly payment | $780.00 |
| Snowball payoff order | Debt 4 → Debt 1 → Debt 2 → Debt 3 |
| Avalanche payoff order | Debt 1 → Debt 4 → Debt 2 → Debt 3 |
Both plans pay the same $780.00 every month: $580.00 in minimums plus $200.00 extra. When a debt is paid off, its minimum rolls into the next target. Snowball targets the smallest balance first; avalanche targets the highest APR first. Interest is charged monthly at APR ÷ 12 and minimum payments are held fixed.
| Debt | Balance | APR | Minimum | Snowball | Avalanche |
|---|---|---|---|---|---|
| Debt 1 | $2,500.00 | 24.99% | $75.00 | Month 12 | Month 11 |
| Debt 2 | $6,800.00 | 19.49% | $170.00 | Month 26 | Month 26 |
| Debt 3 | $12,500.00 | 7.5% | $290.00 | Month 35 | Month 35 |
| Debt 4 | $900.00 | 0% | $45.00 | Month 4 | Month 20 |
Debt Snowball vs Avalanche Calculator · free calculator by CalcWorthy