Debt Payoff Planner
List what you owe. See, in actual months and rupees, whether paying off the smallest balance first or the highest interest rate first gets you free sooner.
Your numbers
₹5,000
Result — with the workings shown
Avalanche: debt-free in
3.8 yrs
₹1,79,530 interest
Snowball: debt-free in
4.3 yrs
₹1,90,601 interest
Interest saved
₹11,072
avalanche vs. snowball
How this is worked out
You owe ₹8,55,000 across 3 debts, paying ₹22,200/mo in minimums plus ₹5,000 extra. Avalanche (highest interest rate first) clears everything in 45 months for ₹1,79,530 in interest. Snowball (smallest balance first) takes 51 months (6 longer) for ₹1,90,601. Avalanche is mathematically optimal; snowball can be easier to stick with because balances disappear sooner.
AvalancheSnowball