# Debt Payoff Calculator: Avalanche vs Snowball > Debt payoff calculator for up to 3 debts: add balances, rates, minimums and any monthly extra, then compare avalanche vs snowball months and interest. Source: https://trykosh.com/tools/debt-payoff-calculator Free tool - Loans and credit cards # Debt payoff calculator: avalanche vs snowball Juggling a credit card, a personal loan and an app loan? See when you'll be debt-free and which order saves the most. Rules checked 25 October 2026Free - no sign-upRuns in your browser Debt-free in (avalanche) 1 year 10 months Avalanche saves INR 5,646 in interest over snowball Interest, avalanche**INR 61,462** Interest, snowball**INR 67,108** Minimums only**2 years 11 months** Total owed today INR 4,05,000 Monthly budget (minimums + extra) INR 22,000 Avalanche: highest rate first 1 year 10 months, INR 61,462 interest Snowball: smallest balance first 1 year 10 months, INR 67,108 interest Paying only minimums 2 years 11 months, INR 1,15,142 interest When each debt is cleared Debt Balance Rate Avalanche Snowball Debt 1 INR 60,000 42% Month 9 Month 11 Debt 2 INR 3,00,000 14% Month 22 Month 22 Debt 3 INR 45,000 11% Month 14 Month 6 Both methods pay every minimum and roll a cleared debt's payment into the next one. Avalanche always costs the least interest; snowball gives you quicker wins. ## Upload your statement and Kosh does this for you. Upload a bank or card statement and Kosh finds every EMI and card charge, then builds the fastest way out of debt that still fits your month. [Start free](/signup?via=tool-debt-payoff-calculator) ## How the debt payoff calculator works List up to three debts with their balance, yearly interest rate and the minimum or EMI you pay each month. For credit cards, a monthly rate of 3.5% is 42% a year. Then add whatever extra you can put towards debt every month. Both methods pay every minimum first, then send the extra to one target debt. When a debt is cleared, its minimum is rolled into the next target, so your total monthly payment stays the same and the payoff speeds up. The avalanche method targets the highest interest rate first. It always costs the least interest. The snowball method targets the smallest balance first. It costs a little more, but you clear debts sooner, which keeps many people motivated. The calculator runs both month by month and also shows how long you'd take paying only the minimums, without rolling anything over. The table shows the month each debt is cleared under each method. Each month: add interest, pay all minimums, put (extra + freed minimums) into the target debt Avalanche target = highest rate Snowball target = smallest balance ## Worked example: Pooja's three debts Pooja owes INR 1.2 lakh on a credit card at 39%, INR 1.8 lakh on a personal loan at 15.5% and INR 25,000 on a consumer loan at 18%. She pays INR 14,800 in minimums and can add INR 8,000 a month. With the avalanche method she is debt-free in 1 year 5 months and pays INR 53,175 in interest. Snowball clears the small loan in month 3 instead of month 11 but costs INR 55,619. Paying only minimums would take 3 years and INR 1,25,319 of interest. Debt-free in (avalanche) 1 year 5 months Avalanche saves INR 2,444 in interest over snowball Interest, avalanche**INR 53,175** Interest, snowball**INR 55,619** Minimums only**3 years** Total owed today INR 3,25,000 Monthly budget (minimums + extra) INR 22,800 Avalanche: highest rate first 1 year 5 months, INR 53,175 interest Snowball: smallest balance first 1 year 5 months, INR 55,619 interest Paying only minimums 3 years, INR 1,25,319 interest Both methods pay every minimum and roll a cleared debt's payment into the next one. Avalanche always costs the least interest; snowball gives you quicker wins. [Load this example into the calculator ->](?bal1=120000&rate1=39&min1=6000&bal2=180000&rate2=15.5&min2=6300&bal3=25000&rate3=18&min3=2500&extra=8000#calculator) ## Good to know - Stop adding to card debt while you pay it down, or the plan never finishes. - If a credit card balance is large, converting it to an EMI or a cheaper personal loan cuts its rate and makes either method faster. - Keep a small emergency buffer while paying off debt so a surprise bill doesn't land back on a card. - Ask lenders for lower rates or restructuring if you are struggling. Paying on time, even small amounts, protects your credit record. ## Frequently asked questions Which is better, debt avalanche or snowball? Avalanche, paying the highest-rate debt first, always costs the least interest. Snowball, paying the smallest balance first, gives quicker wins and can keep you motivated. If the gap in interest is small, choose the one you'll stick with. How can I pay off debt faster? Add any extra amount you can each month, roll the payment of each cleared debt into the next, avoid new borrowing, and move high-rate card balances to a cheaper EMI or loan. Should I pay off credit card debt or a personal loan first? Usually the credit card, because its rate of 36-45% a year is far higher than most personal loans. Keep paying the minimum or EMI on every debt so none goes into default. What if my payments don't cover the interest? Then the debt never shrinks, and the calculator will say so. You need to raise payments, cut the rate by converting or consolidating, or talk to the lender about restructuring. ## Sources and assumptions - [Reserve Bank of India](https://www.rbi.org.in/) Rules and rates last checked on 25 October 2026. Results are estimates for planning and education, not tax, legal or investment advice. Kosh is an educational financial planning tool by Primedepth Labs. It is not a SEBI-registered investment adviser and does not offer personalised investment advice, hold your money or execute trades. Markets carry risk; read scheme documents carefully and consult a registered adviser before acting.