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Credit Card Payoff Calculator

Credit cards compound fast because minimums are designed to keep you paying for years. Avalanche targets the 29.99% store card first in this three-card example with a $450 monthly budget. The schedule shows how surplus above minimums accelerates as each card clears.

Replace the example rows with your cards in the controls below. We flag any minimum that does not cover monthly interest. Download PDF or CSV when the plan looks right.

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Avalanche (highest rate first)

Payoff: 36 months

Total interest: $4,637.04

First debt cleared: month 8

Snowball (smallest balance first)

Payoff: 37 months

Total interest: $4,815.61

First debt cleared: month 8

Avalanche: 36 months · $4,637.04 interest

Snowball: 37 months · $4,815.61 interest

Avalanche saves $178.57 in interest compared to snowball.

Paying only minimums costs $7,070.91 more in interest than avalanche.

Avalanche clear order

  1. 1. Store card — month 8
  2. 2. Rewards card — month 29
  3. 3. Everyday card — month 36
MonthDebtPaymentInterestPrincipalBalance
1Rewards card$155.00$129.11$25.89$6,174.11
1Store card$200.00$34.99$165.01$1,234.99
1Everyday card$95.00$69.63$25.37$3,774.63
2Rewards card$155.00$128.58$26.42$6,147.69
2Store card$200.00$30.86$169.14$1,065.85
2Everyday card$95.00$69.17$25.83$3,748.80
3Rewards card$155.00$128.03$26.97$6,120.72
3Store card$200.00$26.64$173.36$892.49
3Everyday card$95.00$68.70$26.30$3,722.50
4Rewards card$155.00$127.46$27.54$6,093.18
4Store card$200.00$22.30$177.70$714.79
4Everyday card$95.00$68.21$26.79$3,695.71
5Rewards card$155.00$126.89$28.11$6,065.07
5Store card$200.00$17.86$182.14$532.65
5Everyday card$95.00$67.72$27.28$3,668.43
6Rewards card$155.00$126.31$28.69$6,036.38
6Store card$200.00$13.31$186.69$345.96
6Everyday card$95.00$67.22$27.78$3,640.65
7Rewards card$155.00$125.71$29.29$6,007.09
7Store card$200.00$8.65$191.35$154.61
7Everyday card$95.00$66.71$28.29$3,612.36
8Rewards card$155.00$125.10$29.90$5,977.19
8Store card ✓$158.47$3.86$154.61$0.00
8Everyday card$95.00$66.20$28.80$3,583.56

Showing first 24 of 73 rows. Download PDF or CSV for the full schedule.

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