See when you could be debt-free.
Compare avalanche and snowball strategies using one consistent currency. Results are educational estimates—not lender statements or financial advice.
Use one currency for every debt. Currency selection changes labels only; it does not convert amounts. Estimates use monthly APR ÷ 12 and assume rates and payments stay fixed.
Mortgage renewal: this fixed-rate debt model is not a mortgage-renewal or amortization calculator. Rates and payments can change at renewal. Use your lender’s figures or an official mortgage calculator.
Calculator entries stay in this browser’s local storage. On a shared device, use “Clear my saved data” when finished.
Payoff Path Spreadsheet
The workbook is prepared, but sales remain disabled while payment-provider approval is pending. No payment is being accepted yet.
Coming soon — planned price $17 USDHow it works
Enter current balances, APRs, and minimum payments from one recent statement period.
Avalanche targets the highest APR; snowball targets the smallest current balance.
When a debt is cleared, its freed payment rolls to the next target in the estimate.
Fees, daily interest, rate changes, lender rules, and missed payments can change actual results.
Common questions
Does Payoff Path upload my debt figures?
No. Calculations run locally and entries are stored in your browser. The site host still processes ordinary web requests; see the Privacy Policy.
What results does it show?
It shows an estimated payoff month and year, time remaining in years and months, estimated interest, comparison with minimum-only payments, and an estimated payoff order.
Which currency should I choose?
Choose the currency used by all debts in this plan. The calculator does not perform exchange-rate conversion.
Can I use it for a mortgage renewal?
Not as a renewal forecast. The calculator assumes the entered APR and payment remain fixed. Mortgage rates and payments may change at the end of a term; see our Canadian mortgage-renewal guide.
Is the estimate exact?
No. It uses a simplified monthly model. Actual lender calculations and payoff quotes can differ.