DEBT & CASH FLOW / YOUR NEXT MOVE
Find a way through the balance.
Compare debt payoff order, consolidation costs and a monthly budget that can actually reduce your balances.
The question behind the numbers.
A debt comparison needs a complete balance, rate, minimum payment and realistic total budget. Hold that total budget constant when comparing payoff orders. Include fees and repayment time when considering a new loan.
Put the balances on one page.
Enter up to three debts and their fixed monthly minimums. A budget that cannot cover the modeled obligations is rejected. The model excludes new purchases and changing rates.
Open Debt Snowball vs Avalanche ↗Compare the cost of consolidation.
Compare the existing payoff plan with a fixed-term loan for the same principal. A lower payment can cost more if repayment lasts longer; entered fees are paid separately.
Open Debt Consolidation Cost Comparison ↗Check a home-equity repayment plan.
If you are already considering a HELOC, see whether the payment would reduce a fixed balance. This assumes a constant rate and no new borrowing; the model does not recommend securing other debt against a home.
Open HELOC Repayment Planner ↗THE NEXT QUESTIONS
A little more clarity.
What is the difference between avalanche and snowball?
Avalanche directs extra money to the highest entered interest rate. Snowball directs it to the smallest balance. This model first pays each fixed minimum and keeps the same total budget throughout.
Will paying the minimum keep the payoff date fixed?
Not necessarily. Actual lenders may use changing percentage minimums, fees or daily interest. This comparison uses the fixed amounts you enter and no additional spending.
Compare debt payoff plans on equal terms ↗
Use the same balances, rates and total budget to compare avalanche, snowball and consolidation scenarios.
Editorial and model context reviewed October 24, 2026. MITEY editorial team.
Primary context: FCAC: paying back your debt ↗. Read each tool’s formula and exclusions; these are educational scenarios.