About this Calculator
Enter details of up to 4 debts. The calculator shows total interest and time to pay off under Snowball (pay smallest balance first) and Avalanche (highest interest first).
Input Parameters
- Debt 1 Name:Enter a value
- Debt 1 Balance (βΉ):Enter a value between βΉ1000 and βΉ500000
- Debt 1 Interest Rate (%):Enter a value between 0% and 36%
- Debt 2 Name:Enter a value
- Debt 2 Balance (βΉ):Enter a value between βΉ1000 and βΉ500000
- Debt 2 Interest Rate (%):Enter a value between 0% and 36%
- Monthly Payment Budget (βΉ):Enter a value between βΉ1000 and βΉ100000