Debt Payoff Calculator
Snowball or avalanche — compare both methods, calculate total interest and find out when you'll be debt-free
Your debts
How much extra above minimum payments you can pay each month. The more — the smaller the difference between methods.
Both methods give virtually the same result
⛄ Snowball
Term
1 yr. 3 mo.
Interest paid
1 065 136 UZS
Total paid
8 065 136 UZS
❄️ Avalanche
Term
1 yr. 3 mo.
Interest paid
1 065 136 UZS
Total paid
8 065 136 UZS
Payoff schedule (avalanche)
| Mo. | Balance | Interest |
|---|---|---|
| 1 | 6 500 000 UZS | 150 000 UZS |
| 2 | 5 988 500 UZS | 138 500 UZS |
| 3 | 5 465 233 UZS | 126 733 UZS |
| 4 | 4 929 924 UZS | 114 691 UZS |
| 5 | 4 382 293 UZS | 102 370 UZS |
| 6 | 3 822 055 UZS | 89 761 UZS |
| 7 | 3 248 914 UZS | 76 859 UZS |
| 8 | 2 813 893 UZS | 64 978 UZS |
| 9 | 2 370 170 UZS | 56 278 UZS |
| 10 | 1 917 574 UZS | 47 403 UZS |
| 11 | 1 455 925 UZS | 38 351 UZS |
| 12 | 985 044 UZS | 29 119 UZS |
| 13 | 504 745 UZS | 19 701 UZS |
| 14 | 14 840 UZS | 10 095 UZS |
| 15 | 0 UZS | 297 UZS |
Which Method to Choose?
The avalanche method is mathematically optimal — you always pay less total interest. But it requires discipline: the first debt is often the largest and progress is slow.
The snowball method gives quick wins. The first closed debt is a powerful motivator. Harvard Business School research shows that snowball followers pay off debts faster on average, because they quit less often.
The difference in total overpayment between methods is usually 2–5%. Choose the one you will realistically follow throughout the entire payoff period.