Skip to main content
Debt Payoff Calculator

Get out of debt faster

Compare Snowball and Avalanche repayment strategies side by side. Add your debts, set extra monthly payments, and see exactly how much interest you save and how many months sooner you become debt-free.

01

Add Your Debts & Accelerate

Add all your debts — credit cards, consumer loans, overdrafts. Set an extra monthly payment to see how much faster you can be debt-free and how much interest you'll save.

Credit card

Rate: 19.9% · Min. payment: 2 000 Kč

50 000 Kč

Consumer loan

Rate: 8.9% · Min. payment: 3 500 Kč

120 000 Kč

Overdraft

Rate: 15.5% · Min. payment: 1 500 Kč

30 000 Kč

Accelerate repayment

Extra monthly payment

2 000 Kč

Expected savings

11 387 Kč

Faster payoff

8 months

02

Debt Overview at a Glance

See your total debt, weighted average interest rate, total minimum payments, and how much you save with extra payments — all in one clear dashboard.

Total debt

200 000 Kč

Average rate

12.6%

Monthly minimum

7 000 Kč

Interest saved

1 938 Kč

03

Snowball vs Avalanche Method

Two proven strategies. Snowball pays smallest debts first for psychological wins. Avalanche targets highest interest first to minimize total cost. See which saves you more.

Snowball

Smallest debt first

Pay smallest debts first for quick wins. Popularized by Dave Ramsey.

Debt-free in

2y 8m

Total interest

29 576 Kč

Total paid

229 576 Kč

Recommended

Avalanche

Highest interest first

Pay highest interest debts first. Mathematically optimal, save the most.

Debt-free in

2y 8m

Total interest

27 637 Kč

Total paid

227 637 Kč

💡

Choose Snowball if you need motivation from quick wins. Choose Avalanche if you want to minimize total interest paid.

04

Visual Payoff Timeline

Watch your total debt decline month by month. Compare both methods side by side — see where the Avalanche method starts saving you more on interest.

200k 150k 100k 50k 0 Start 8m 16m 24m 32m
Snowball
Avalanche
05

Smart Repayment Strategy

Get personalized tips based on your debt profile. Understand when Snowball's psychological boost matters more vs Avalanche's mathematical advantage.

Snowball

If you need motivation, choose Snowball — quick wins keep you going

Avalanche

If you want to save the most, choose Avalanche — math wins

Pro tip

Always pay at least minimums on all debts, put extra toward your priority debt

How it works

Three simple steps to your debt-free plan

1

Add Your Debts

Enter each debt with balance, interest rate, and minimum payment. Credit cards, loans, overdrafts — add them all.

2

Set Extra Payment

Add extra monthly payment beyond minimums to accelerate payoff and see real-time savings calculations.

3

Compare Methods

See Snowball vs Avalanche results, timeline chart, and choose the strategy that fits your personality and goals.

Ready to become debt-free?

Start comparing repayment strategies and find your fastest path to financial freedom.

Start Free Now

No credit card required