Debt Destroyer
Eliminate debt faster with snowball/avalanche strategies and smart payoff planning.
Avalanche: highest rate first — saves most interest. Snowball: smallest balance first — quick wins.
Balance
Rate %
Min Payment
Balance
Rate %
Min Payment
Balance
Rate %
Min Payment
Extra Monthly Payment
One-Time Lump Sum
Debt-Free Date
4y 5m
August 2030
Total Debt
$45,000
Total Interest
$5,570
Monthly Payment
$980
Total Paid
$56,140
Strategy Comparison
Avalanche (Highest Rate)
4y 5m
$5,570 interest
Snowball (Smallest First)
4y 5m
$5,570 interest
Payoff Order (avalanche)
Credit Card
18% APR
$5,000
Car Loan
6% APR
$15,000
Student Loan
5% APR
$25,000
What-If Scenarios
Double extra payment → $400/mo
Save 10 months
Apply $5,000 lump sum
Estimated 6–12 months saved
Consolidate at 4.7% rate
Could save thousands in interest
Financial Insights
Steady Progress
Debt-free by August 2030 — 4 years, 5 months.
Low Interest Cost
Interest is only 12% of your debt. Good rates or aggressive payments!
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