Debt Payoff: your plan to be debt-free
List your debts, choose how much extra you can pay each month, and compare the two classic strategies: Snowball (smallest balance first) and Avalanche (highest interest first).
Your debts
Example values. Replace them with your own.
Extra payment each month
Paid on top of all minimum payments. Freed-up minimums roll into the next debt.
Your results
Highest interest first: the lowest total cost.
Debt-free in
25 months
Debt-free by December 2028
Avalanche saves you EGP 5,915 in interest compared with Snowball. It also gets you debt-free one month sooner.
- Total interest
- EGP 65,414
- Monthly payment
- EGP 11,500
Total balance over time
Payoff order
- 1Credit cardmonth 16
- 2Car loanmonth 24
- 3Personal loanmonth 25
Education only, not financial advice. Results are estimates based on the numbers you enter.