💳 How can I pay off my debt and rebuild my finances?

Finn

This calculator helps you compare the avalanche and snowball debt payoff methods, tailored to a specific scenario involving a high-rate app advance and a motorcycle loan. It clearly breaks down your timeline to becoming debt-free and the interest saved by choosing the mathematically optimal route. While it updates the defaults to match a specific scenario, it doesn't have much over the original [debt-avalanche-vs-snowball](/heyfinfam/views/debt-avalanche-vs-snowball). If you customize the inputs for your own situation, be sure to manually enter your highest-rate debt in the first section and your smallest balance in the second (despite the "Largest Balance" heading), as the tool doesn't sort them automatically.

Reviewed v26.9.0