Payoff Payment Consolidation Snowball Avalanche

Debt Avalanche Calculator

Debt Avalanche Calculator is a financial planning tool to help you payoff your debt earlier and save money on interest payment with the debt avalanche method.

Debt Avalanche Calculator
Debt # Balance ($) Interest Rate (%) Monthly Payment ($) Interest Cost # of Payments Left
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Extra Monthly Payment

You will pay off all your debts in 28 months (Mar, 2027) which will cost you $5,702.92 in total interest payments. If you follow the debt avalanche method, you can payoff all your debts in 23 months (Oct, 2026) and save $0.00 in interest payments.

Compare Regular Vs. Avalanche
Regular Avalanche
# of Payments 28 23
Payoff Date Mar, 2027 Oct, 2026
Principal $26,500.00 $26,500.00
Interest Payment $5,702.92 $5,747.73
Total Payment $32,202.92 $32,247.73
Total Savings $44.81 $0.00

Debt Avalanche Amortization Schedule
Payment # Date Debt #3 (21%) Debt #2 (20.5%) Debt #1 (19.5%)
1 Dec, 2024 $420 $450 $550
2 Jan, 2025 $420 $450 $550
3 Feb, 2025 $420 $450 $550
4 Mar, 2025 $420 $450 $550
5 Apr, 2025 $420 $450 $550
6 May, 2025 $420 $450 $550
7 Jun, 2025 $420 $450 $550
8 Jul, 2025 $420 $450 $550
9 Aug, 2025 $420 $450 $550
10 Sep, 2025 $420 $450 $550
11 Oct, 2025 $420 $450 $550
12 Nov, 2025 $420 $450 $550
13 Dec, 2025 $420 $450 $550
14 Jan, 2026 $420 $450 $550
15 Feb, 2026 $420 $450 $550
16 Mar, 2026 $420 $450 $550
17 Apr, 2026 $420 $450 $550
18 May, 2026 $420 $450 $550
19 Jun, 2026 $85.71 $784.29 $550
20 Jul, 2026 $0.00 $702.07 $717.93
21 Aug, 2026 $0.00 $0.00 $1420
22 Sep, 2026 $0.00 $0.00 $1420
23 Oct, 2026 $0.00 $0.00 $773.66

What is the debt avalanche method?

The debt avalanche method is a debt repayment strategy that involves paying off your debt with the highest interest rate, and then second highest, until all your debt are paid off.

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