← Back to tools
Debt Snowball vs Avalanche
Compare two payoff strategies using the same monthly budget.
Debts
| Name | Balance | APR | Min Payment | |
|---|---|---|---|---|
$ | % | $ | ||
$ | % | $ |
Avalanche saves you $67.07 in interest!
Paying off highest-interest debt first minimizes total interest paid.
Snowball
Pay extra toward the smallest balance first.
Months21
Total interest$834.85
Payoff date2027-12-18
Avalanche
Pay extra toward the highest APR first.
Months20
Total interest$767.78
Payoff date2027-11-18
Snowball order
- Card B
- Card A
Avalanche order
- Card A
- Card B
Track your debt-free journey
Connect your accounts to DimeDock and watch your balances drop as you follow your chosen strategy.
Get Started FreeHow it works
- Interest accrues monthly based on APR.
- Minimum payments are made to all debts.
- Extra payment is applied to the current target debt.
- Freed minimum payments roll into the budget.