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Credit Card Debt Avalanche vs Snowball

Plan paying off several cards: highest-interest-first vs smallest-balance-first.

Tool inputs stay in your browser · optional AI search sends your query

Good to know: Pays every card’s minimum, then puts the extra money on one target card. Avalanche usually costs least; snowball gives quicker wins. Estimate for planning only, based on the numbers you enter. Your bank or provider’s statement is the final word.

How to use it (step by step)

  1. 1Fill in the boxes: “Cards: name, balance, APR %, minimum payment (one per line)”, “Total monthly budget for all cards”. Example numbers are already there so you can see how it works; replace them with yours.
  2. 2The result updates instantly as you type (on a phone it is below the boxes).
  3. 3The bold line is the main answer. Tap Copy next to any value to copy it.

Words to know

Interest
The extra money you pay for borrowing, like a rental fee for using someone else’s money.
APR
Annual Percentage Rate: the yearly interest rate. Philippine cards often show a monthly rate instead; ×12 gives the APR.
Minimum payment
The smallest amount the bank lets you pay this month. Paying only this keeps you in debt for years.
Percentage
A part out of 100. 25% of 200 = 50.
DOCX (Word file)
The file type Microsoft Word, Google Docs and WPS use for editable documents.

More in Cards & Payments

Fee Gross-Up Calculator (Charge to Receive)How much to charge so you receive an exact amount after card fees.Card Surcharge CalculatorAdd a card surcharge to a price, or find the surcharge that exactly covers your fee.Merchant Discount Rate (MDR) CalculatorMonthly MDR cost, tax on MDR and net settlement from your card sales.Interchange++ Fee CalculatorBreak a card fee into interchange, scheme fee and acquirer markup (IC++ pricing).Effective Processing Rate CalculatorYour real card-processing cost: total fees ÷ total card volume from your statement.Chargeback Ratio CalculatorYour dispute/chargeback ratio and how many more you can have before hitting a threshold.