How it works
- List each debt with its balance, APR and minimum payment from your latest statement.
- Add the extra amount you can pay every month on top of the minimums.
- Avalanche sends the extra money to the highest APR first and usually costs the least interest. Snowball sends it to the smallest balance first for quicker wins.
- When a debt is paid off, its minimum rolls into the next debt, so the total monthly payment stays the same.
An estimate for planning, not financial advice. Nothing you type is saved or sent anywhere.
