Enter your debts and get a complete payoff roadmap using the avalanche or snowball method, with monthly payment schedule, milestones, and freedom date.
Your Details
Amount above minimums you can add each month
Debt-free in 48 months — June 2030
Total debt: £7000 · Monthly payment: £350 · Interest cost: £400
Total Debt
£7000
Monthly Payment
£350
Extra Payment
£200
Above minimums
Debt-Free Date
June 2030
Total Interest Paid
£400
Method
Avalanche
25% paid — £5250 remaining
Month 12
50% paid — £3500 remaining
Month 24
75% paid — £1750 remaining
Month 36
DEBT FREE — £7000 eliminated!
June 2030
| Period | Focus | Tasks | Notes |
|---|---|---|---|
| Month 1 | Setup | Total payment: £350 · avalanche method targeting debt 1 | Automate all payments |
| Month 15 | 30% milestone | £4900 remaining | Review for refinancing opportunities |
| Month 29 | 60% milestone | £2800 remaining | Snowball: roll freed payment to next debt |
| Month 48 | DEBT FREE | Final payment made — redirect to savings! | Celebrate and invest what you were paying |
Avalanche saves the most money — attack the 24.9% APR debt first.
Your £200 extra monthly payment will save you approximately 120 in interest vs minimum payments only.
Total interest of £400 is the real cost of this debt — every extra payment reduces that number.
Once debt-free, redirect all payments into a savings/investment account for the same amount.
Your Next Actions
“Do not save what is left after spending, but spend what is left after saving.”
— Warren Buffett
Wisdom & Inspiration