Debt Meltdown Calculator

Add your debts below, choose a strategy, and watch your debt stack melt down month by month.

Strategy Comparison Fact: The Avalanche strategy mathematically saves £906 in interest compared to Snowball for these numbers. However, Snowball clears your first account earlier, which can still be easier to stick with psychologically.

Your Debts

Total: £7,150 | Min Payments: £200/mo

Debt #1

Debt Name

Balance

APR

Min Pay

Debt #2

Debt Name

Balance

APR

Min Pay

Debt #3

Debt Name

Balance

APR

Min Pay

Extra Monthly Payment (Snowball/Avalanche Accelerator)

Any extra cash you spare is funneled directly to your top-priority debt each month.

Side-by-Side Meltdown ComparisonToday

Snowball Tower

End: Aug 2029 | £3082 interest

Remaining

£7,150

Small Overdraft£450

High-APR Store Card£4,200

Bank Credit Card£2,500

Avalanche Tower

End: Mar 2029 | £2177 interest

Remaining

£7,150

Small Overdraft£450

High-APR Store Card£4,200

Bank Credit Card£2,500

Month 0 (Today)Month 0 of 31Month 31 (Mar 2029)

Avalanche Payoff Milestones

Small Overdraft

Paid Off May 2028 (Mo. 21)

High-APR Store Card

Paid Off May 2028 (Mo. 21)

Bank Credit Card

Paid Off Mar 2029 (Mo. 31)

Total Interest Paid:£2,177