Multiple Credit Cards Payoff Calculator
Combine every card into one payoff plan. Compare avalanche and snowball against paying only minimums.
Inputs
How it works
Every month we (1) accrue interest at APR/12 on each card, (2) apply each card's minimum, then (3) direct the extra payment to the target card chosen by the strategy. When one card hits zero, its minimum rolls into the extra pool automatically.
Frequently asked questions
How is the minimum payment calculated?
We use max(2% of balance, $25) — the standard issuer rule. You can override the min per card.
Avalanche vs. snowball — which wins?
Avalanche always pays less total interest; snowball clears individual cards faster which many people find more motivating.
Do minimums shrink as balances shrink?
In this model each card's min stays at what you enter, which matches how most people budget. Real issuer minimums do float down with balance.
What happens when a card is paid off?
Its minimum rolls into the extra payment applied to the next target card — the classic 'debt roll-up' effect.
Can I add more than three cards?
Yes — click '+ Add debt' to add as many as you have.