Strategy
Extra Monthly Payment (₹)
Balance (₹)
Rate (%)
Min Pay (₹)
Balance (₹)
Rate (%)
Min Pay (₹)
Debt Free In
1y 9m
Total Debt
₹2,50,000
Interest
₹35,384
Monthly
₹15,500
Strategy: Avalanche · 21 total months
Debt Strategy Guide
AvalancheHighest rate first
SnowballLowest balance first
RBI NormEMI ≤ 50% of income
CC Interest36-42% p.a. typical
TipExtra ₹5k saves years
Plan Tools
Debt
Snowball / Avalanche
Plan
Budget
50/30/20 rule
Plan
Trip
Split & settle
Plan
Debt Snowball & Avalanche Payoff Calculator — India
Enter all your loans and credit card balances to get a personalised payoff plan. The Avalanche strategy pays off the highest interest rate debt first — mathematically optimal and saves the most interest. The Snowball strategy pays off the smallest balance first — psychologically motivating because you eliminate debts faster. Add an extra monthly payment beyond your minimums to see how quickly it accelerates payoff. The calculator shows total months to debt freedom, total interest paid, and monthly payment breakdown. Ideal for anyone juggling credit card debt (36-42% p.a.), personal loans (12-18%), home loans (8-10%), and education loans (7-12%). Per RBI guidelines, your total EMI burden should not exceed 50% of gross monthly income.