Debt repayment plan, by the date you pick.

Method and sources

How it works: each month interest (APR divided by 12) is added to every balance. Minimum payments go to each debt first, and everything left over goes to the debt with the highest APR (the avalanche method). When a debt is cleared its minimum rolls into the next. The tool searches for the smallest total monthly payment that leaves every balance at zero within your target.

Snowball comparison: the same payment is run again, putting the extra on the smallest balance first. Avalanche never costs more interest than snowball for the same payment; the gap is shown.

Limits: no new borrowing, fees, promotional rates or rate changes, and cards that charge interest daily will differ slightly. Payment is capped at the amount needed; if your minimums already clear the debts in time, the minimums are the answer.

This is a calculation from the numbers you enter; it uses no outside data and is not financial advice.

FAQ

What is the difference between the debt avalanche and snowball methods?

Avalanche puts extra money on the highest interest rate first; snowball puts it on the smallest balance first. For the same total payment, avalanche never pays more interest. Snowball can feel faster because small debts disappear sooner.

What if my minimums are too low to ever pay off the debt?

If a minimum does not cover the monthly interest the balance never shrinks. The tool flags minimums-only as never ending and shows the higher payment that does the job in your target.

Does the target date change the interest I pay?

Yes. A shorter target needs a bigger payment and costs less interest overall. Try several target lengths and compare the totals.

Are credit-card minimums fixed?

Often they fall as the balance falls. This tool keeps the minimum you enter constant, which is the safer assumption for planning.