DebtPayoffPlanner: Snowball

Debt Payoff Planner puts the snowball and avalanche methods side by side for your own cards and loans, so you can see which plan costs less interest and gets you debt-free sooner. • List up to six debts with balance, APR and minimum payment • Set an extra monthly budget and watch both plans update as you type • Add one-time payments such as a bonus or tax refund in any month • Compare total interest, payoff time and your debt-free month for each method • Rank your debts to build a custom-order plan and compare it with the other two • Follow a month-by-month schedule with a stacked chart of what you still owe on each debt • See the order your debts get paid off and when the first one is cleared • Get the recommended method highlighted, with the interest it saves • Share your payoff roadmap as text with a partner or advisor • Try a quick-start example, then save your own plans and load them again later Results are estimates for planning and assume fixed rates and on-time payments.