Financial Tools
Avalanche Method Calculator
Focus on high-interest debts to save more money. The avalanche order clears the most expensive balance first.
Your Budget
Extra Monthly Payment on Top of Minimums (goes to the target debt, rolls over when a debt is cleared)
Your Debts
Values shown are examples. Enter your real balances, rates and minimums, up to 10 debts.
Avalanche Plan
| Debt-free In | n/a |
| Debt-free By | n/a |
| Total Debt | $0 |
| Monthly Budget (minimums + extra) | $0 |
| Total Interest | $0 |
| Total Paid | $0 |
| Payoff Order | n/a |
| Compared With the Other Method | n/a |
For illustration only, not financial advice. Results are estimates based on the numbers you enter and do not constitute an offer, rate quote or approval.
Questions people ask
How does the avalanche method work on this page?
Each month the page charges interest on every debt, pays the minimum on each one, and sends the rest of your budget to the debt with the highest interest rate. When that debt is cleared, its minimum rolls into the extra amount for the next highest rate.
What does Compared With the Other Method show?
The page also runs the snowball order, smallest balance first, on the same debts and budget. It then reports which order costs less interest and finishes sooner, or that both cost the same.
What happens if my budget does not cover the minimum payments?
The page cannot build a plan and shows a note asking you to add an extra amount or check the minimums. The monthly budget is the sum of your minimums plus the extra payment, so every debt needs its minimum covered first.
Does the plan account for new charges or rate changes?
No. It assumes the balances, rates and minimums you entered stay fixed and that you add no new debt while paying them off.
