Debt Free Date Calculator
Calculate your debt-free date using snowball or avalanche payoff methods. See total interest paid and optimal payment strategies.
Your Debts
Results
0
Debt-Free (Snowball)
0
Total Interest (Snowball)
0
Debt-Free (Avalanche)
0
Total Interest (Avalanche)
0
Interest Saved (Avalanche)
0
Time Difference
Snowball Payoff Order
Smallest balance first
Avalanche Payoff Order
Highest interest first
Frequently Asked Questions
What is the difference between debt snowball and avalanche?▾
Snowball pays off the smallest balance first for quick wins and motivation. Avalanche targets the highest interest rate first to minimize total interest paid. This calculator shows both so you can compare.
How does extra payment affect my debt-free date?▾
Even small extra payments can dramatically accelerate your payoff. This calculator shows how additional monthly payments change your debt-free date and total interest saved.
Which payoff method saves more money?▾
The avalanche method (highest interest first) always saves the most in total interest. The snowball method may cost slightly more but provides psychological wins that help many people stay motivated.
Is my financial data safe?▾
Yes. All calculations happen entirely in your browser. No data is ever sent to a server.