Debt payoff planner
Compare snowball and avalanche payments using editable rates and balances.
Com utilitzar Debt payoff planner
Debt payoff planner simulates paying off several debts month by month with the avalanche or snowball strategy. Enter one debt per line as name, balance, annual rate and minimum payment, then set a total monthly budget. The table shows each debt's remaining balance, interest paid and payoff month, using a simplified monthly interest approximation.
- Paste the source into the input editor, or load the built-in example.
- Adjust the basic settings, then open Advanced mode for export and fine-tuning options. Custom settings stay active when the panel is closed.
- Run debt payoff planner, review the output, then use the available copy or download controls.
Què admet aquesta eina
Compare snowball and avalanche payments using editable rates and balances.
- Strategy
- avalanche · snowball
- Total monthly payment budget
- Range: 0.01 to 100000000
- Maximum months
- Range: 1 to 1200
Límits i processament
Local bounded calculations. Numeric inputs must be finite and within the visible ranges. Lists and tables have operation-specific limits. Models, estimates and supplied rates must be checked against your intended use.
Font de l'exemple
Card,2000,18,60 Loan,3000,7,100
Preguntes freqüents
What is the difference between debt avalanche and snowball?
After all minimum payments, avalanche puts the extra money on the debt with the highest interest rate first, while snowball targets the smallest balance first. Run both strategies with the same budget to compare total interest and payoff months.
How do I enter my debts in the payoff planner?
Write one debt per line with four comma-separated values: name, balance, annual interest rate in percent and minimum monthly payment, for example Card,2000,18,60. Balances and rates must be nonnegative and minimums positive.
Why does the planner say my budget must cover minimum payments?
The monthly budget has to be at least the sum of all minimum payments. Raise the budget or adjust the minimums. Results use monthly interest approximations, so actual lender calculations may differ.
Where is my input processed?
This operation processes its source in your browser. Copy and download are explicit actions; source input is not saved in an account or history.
What are the input limits?
Local bounded calculations. Numeric inputs must be finite and within the visible ranges. Lists and tables have operation-specific limits. Models, estimates and supplied rates must be checked against your intended use.