Credit Card Debt Avalanche Calculator
Calculate total interest saved by prioritizing highest-interest debts first using the Avalanche debt reduction method.
About the Debt Avalanche Method
The Debt Avalanche method prioritizes debts by highest interest rate down to lowest, mathematically minimizing total interest paid across all loans.
Frequently Asked Questions
Why is the Avalanche method mathematically superior?
By eliminating high-interest debts first, it slows down overall interest compounding faster than any other payoff strategy.
What is the difference between Avalanche and Snowball?
Avalanche tackles highest interest rates first to minimize interest cost; Snowball clears smallest balances first for psychological momentum.
Should minimum payments be made on all other debts?
Yes. Pay the mandatory minimum on all debts to protect your CIBIL score, and direct remaining budget to the highest APR loan.
How does 18% GST impact Indian credit card interest?
Because finance charges attract 18% GST, a nominal 42% APR effectively acts as a ~49.5% annual drag on balances.
Calculate in three steps
- 1Enter your valuesUse the fields above and check the units shown beside each input.
- 2Run the calculationSelect Calculate to refresh the result with your latest values.
- 3Review or shareCompare the result, reset the form, print it, or share this page.