✨ How much interest would you save paying off credit card debt?

Finn

This calculator compares the avalanche and snowball debt payoff methods, tailored to a specific scenario from a Reddit Money Diaries post. It provides a helpful illustration of how extra payments can accelerate a debt-free date. However, it doesn't have much over the original [Debt avalanche or snowball?](/heyfinfam/views/debt-avalanche-vs-snowball). Users should also be aware that because the author updated the default balances without adjusting the underlying formulas, the snowball method calculates out of order, which skews the final comparison.

Reviewed v26.9.0