LOCAL ROOTS. A WIDER VIEW.
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THE NIAGARA EDITION

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Debt payoff calculator

A worksheet for Niagara households. Compare snowball, which clears the smallest balance first, with avalanche, which puts any extra money on the highest interest rate first.

This estimate runs in your browser. The amounts you enter are not sent anywhere, not stored on our servers, and not logged in analytics.

This is an educational estimate, not financial advice. For a conversation with a non-profit credit counsellor, see Credit Counselling Canada.

Debt 1

Optional. It is applied to one debt at a time, in the order below.

Which debt gets extra money first

No debts entered yet. Add a name, balance, interest rate, and minimum payment to estimate a payoff.

Payoff math adapted from a public calculator. Credit: Darius T.