Debt Payoff Calculator: Snowball or Avalanche

Chapter 3 describes two ways out of debt: the snowball method (smallest debt first) and the avalanche method (highest interest first). Enter your debts and compare both.

Enter your numbers. The calculation runs only in your browser – nothing is stored or transmitted.

NameBalance (€)Interest p.a. (%)Minimum payment (€)

Snowball

–

Avalanche

–

How it works: monthly interest, minimum payments on all debts; the extra amount and freed-up payments go to the target debt. Example values from the book (Ana).

Model calculation for orientation only – not investment, financial or legal advice.

Learn more in the book “Your Freedom Number”.

Free templates: action plan, budget, debt payoff plan and more as PDF and Excel. Download now →