Debt Payoff Calculator — Avalanche vs. Snowball

StrategyDebt compares the avalanche and snowball payoff methods side by side, using a month-by-month simulation. See exactly how many months until you're debt-free and how much interest each strategy costs.

Popular scenarios:

• $5,000 at 22% APR
• $10,000 at 22% APR
• $10,000 at 18% APR
• $15,000 at 25% APR
• $20,000 at 18% APR
• $3,000 at 29% APR
• $30,000 at 15% APR
• $50,000 at 12% APR

Latest update (July 20, 2026): Credit Card Rates in Mid-2026: What Today's APRs Do to Your Payoff Plan — The Fed's latest data puts the average card APR at 22.15% for accounts carrying a balance. Here's what that rate does to a real payoff plan, in months and dollars. All updates.

Updated July 2026