The Nifty App
Calculators

Multiple Credit Card Payoff Calculator

Juggling four or more cards means minimums eat most of the budget before anything extra reaches the expensive balance. This example uses four cards and a $400 budget so you can see how avalanche ordering and the rolling minimum cascade work together.

Add or remove rows in the controls below — up to twelve debts. Landscape orientation keeps the schedule readable. Both strategies are always computed.

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Avalanche (highest rate first)

Payoff: 35 months

Total interest: $3,154.95

First debt cleared: month 12

Snowball (smallest balance first)

Payoff: 34 months

Total interest: $3,217.35

First debt cleared: month 6

Avalanche: 35 months · $3,154.95 interest

Snowball: 34 months · $3,217.35 interest

Avalanche saves $62.40 in interest compared to snowball.

Snowball clears your first debt 6 months sooner.

Paying only minimums costs $3,770.82 more in interest than avalanche.

Avalanche clear order

  1. 1. Card 3 — month 12
  2. 2. Card 1 — month 24
  3. 3. Card 2 — month 34
  4. 4. Card 4 — month 35
MonthDebtPaymentInterestPrincipalBalance
1Card 1$70.00$52.50$17.50$2,782.50
1Card 2$105.00$68.30$36.70$4,063.30
1Card 3$190.00$41.17$148.83$1,751.17
1Card 4$35.00$14.25$20.75$929.25
2Card 1$70.00$52.17$17.83$2,764.67
2Card 2$105.00$67.69$37.31$4,025.99
2Card 3$190.00$37.94$152.06$1,599.11
2Card 4$35.00$13.94$21.06$908.19
3Card 1$70.00$51.84$18.16$2,746.51
3Card 2$105.00$67.07$37.93$3,988.06
3Card 3$190.00$34.65$155.35$1,443.76
3Card 4$35.00$13.62$21.38$886.81
4Card 1$70.00$51.50$18.50$2,728.01
4Card 2$105.00$66.43$38.57$3,949.49
4Card 3$190.00$31.28$158.72$1,285.04
4Card 4$35.00$13.30$21.70$865.11
5Card 1$70.00$51.15$18.85$2,709.16
5Card 2$105.00$65.79$39.21$3,910.28
5Card 3$190.00$27.84$162.16$1,122.88
5Card 4$35.00$12.98$22.02$843.09
6Card 1$70.00$50.80$19.20$2,689.96
6Card 2$105.00$65.14$39.86$3,870.42
6Card 3$190.00$24.33$165.67$957.21
6Card 4$35.00$12.65$22.35$820.74

Showing first 24 of 105 rows. Download PDF or CSV for the full schedule.

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