Debt Snowball
Two battle-tested strategies for paying off multiple debts: the Debt Snowball (pay minimums everywhere, attack smallest balance first) and the Debt Avalanche (attack highest interest rate first). Our calculator runs both side-by-side, showing total interest paid and payoff date for each strategy so you can make an informed choice.
ديونك
إجمالي الديون
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حول Debt Snowball & Avalanche Calculator
Two battle-tested strategies for paying off multiple debts: the Debt Snowball (pay minimums everywhere, attack smallest balance first) and the Debt Avalanche (attack highest interest rate first). Our calculator runs both side-by-side, showing total interest paid and payoff date for each strategy so you can make an informed choice.
كيفية الاستخدام
- Add all debts: name, balance, interest rate, minimum payment.
- Enter your total monthly debt payment budget.
- See the payoff schedule for both Snowball and Avalanche strategies.
- Compare: total interest paid and months to debt freedom for each method.
الصيغة والمنهجية
Both methods: pay minimums on all debts; apply extra payment to the target debt. Snowball: sort by balance ascending. Avalanche: sort by interest rate descending. When target debt is paid: roll that payment to the next debt (the "snowball/avalanche" grows). Total interest = Σ(balance × rate × months). Avalanche always costs less interest; Snowball provides earlier wins.
حالات الاستخدام الشائعة
- Credit card payoff: applying extra monthly cash toward eliminating balances
- Student loan repayment: ordering multiple loans strategically
- Combined debt: car loan + credit cards + personal loan payoff plan
- Quantifying the cost of Snowball's motivational benefit vs Avalanche's financial optimality
- Determining when to use extra income (bonus, tax refund) as a lump-sum payoff
الأسئلة الشائعة
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كل الأدوات →دمج هذه الأداة في موقعك
مجاني للاستخدام الشخصي والتجاري. فقط انسخ الكود أدناه.