Copy this code into your page. Free to use with the credit link intact.
How this calculator works
Every month, all minimums are paid and your extra money goes to the target debt: the smallest balance (snowball) or the highest rate (avalanche). When a debt is paid off, its minimum rolls into the next target.
Frequently asked questions
Which method is better?
Avalanche saves the most interest. Snowball delivers quicker wins, which helps many people stay motivated. The best one is the one you stick with.