Snowball
Smallest balance first. Each payoff frees up its minimum for the next one, so the snowball grows as it rolls.
Debt payoff planner · free · nothing leaves your browser
List what you owe. Clearday plays out snowball and avalanche month by month and shows you both debt-free dates, what each costs in interest, and which one saves you more.
No sign-up. No bank login. Nothing to install.
Balance over time
Snowball
4 months
$40.11 interest
Avalanche Saves the most
4 months
$33.56 interest
Avalanche saves $6.55 in interest.
Two pieces of advice
The snowball pays off your smallest balance first, for quick wins. The avalanche goes after your highest rate first, to pay less interest. Both are good advice. Which one is right for you depends on your own numbers, played out month by month, with every paid-off debt's minimum rolling into the next. That's a spreadsheet most people never build. Clearday builds it in the time it takes to type your balances.
Smallest balance first. Each payoff frees up its minimum for the next one, so the snowball grows as it rolls.
Highest interest rate first. The most expensive debt goes first, so less of your money goes on interest.
How it works
Name, balance, rate and minimum payment. Type amounts however you write them: $1,250.50 works.
Any extra you can pay each month on top of the minimums. Change it and everything updates as you type.
Both debt-free dates, the total interest and total paid for each, and one plain sentence saying which saves you more.
What you get
See the month and year you finish under each strategy, how long that is in years and months, and the total you'll have paid.
No subtraction needed. Clearday tells you which strategy is cheaper and by how much, or that they cost the same.
One chart, both strategies, your total balance month by month down to zero.
The order each strategy clears your debts, the month each one goes, and a clear 'Start here'.
A full schedule of what to pay each debt and what's left, for whichever strategy you follow.
If a minimum doesn't even cover the interest, or your payments can't keep up, Clearday says so plainly instead of showing a date that will never come.
Stays on your device. No account, no server, no bank connection. Your debts live in your browser.
Free, with no catch. No ads, no tracking, no upsell to a loan.
Honest about its limits. It compares snowball and avalanche with fixed rates and minimums. It doesn't give financial advice.
Two minutes, your own numbers, both plans side by side.
Plan my payoff