📝 Enter Your Debts
Credit Card 1
Credit Card 2
📊 Your Results
Debt-Free In
18 months
Total Interest Paid
$1,247
Interest Saved vs Minimum
$2,891
Payoff Order:
1. Credit Card 1 (22% APR)
Month 10
2. Credit Card 2 (19% APR)
Month 18
Avalanche vs Snowball: Which Method?
Both methods work—the best one is the one you'll stick with. Here's the difference:
❄️ Debt Avalanche
Pay off highest-interest debt first. Saves the most money but requires discipline as it may take longer to eliminate your first debt.
⛄ Debt Snowball
Pay off smallest balance first. Quick wins keep you motivated, even though you pay slightly more interest overall.