30-yr fixed 6.43% ▾ 0.06 wk
15-yr fixed 5.79% ▾ 0.04 wk
HELOC avg 7.90% — no change
Auto 60-mo new 6.82% ▴ +0.03 mo
Personal 24-mo 11.57% ▾ 0.12 qtr
Credit card APR 21.52% ▴ +0.09 qtr
as of Jul 2, 2026 · Federal Reserve / Freddie Mac via FRED (St. Louis Fed)
Credit Cards & Debt

Roll-Down Your Credit Card Debt Calculator!

The roll-down (avalanche) method targets your highest interest rate first to save the most money, then rolls each cleared payment onto the next-costliest debt.

Inputs
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Estimates only. Change any value to recalculate instantly.

Debt-free in 3.6 years 43 months · $5,519 total interest
Total debt $19,000
Total interest $5,519
Interest saved vs minimums $9,574
Sooner than minimums 47 mo
Total debt vs interest
Total debt vs interest Principal: $19kInterest: $5.5k
  • Principal $19k
  • Interest $5.5k
Total balance Debt balance
Total balance: Debt balance $15k$11k$7.4k$3.7k$0 Yr 1Yr 2Yr 3Yr 4

The roll-down method targets your highest-rate debt first. You pay every minimum, then send the extra $200 — plus each freed-up payment as debts clear — to the target. That rolling snowball is what clears everything in 3.6 years.

Combined payoff schedule by yearView table
YearInterestPrincipalBalance
1$2,717$6,960$14,757
2$1,866$6,960$9,664
3$846$6,960$3,550
4$89$3,639$0

A worked example

Running this tool on current national benchmarks (Federal Reserve / Freddie Mac via FRED (St. Louis Fed)) — swap in your own numbers to see how the result moves.

Inputs
Debt 1 — balance
$9,000
Debt 1 — rate
22%
Debt 1 — minimum payment
$180
Debt 2 — balance
$4,000
Debt 2 — rate
15%
Debt 2 — minimum payment
$90
Debt 3 — balance
$6,000
Debt 3 — rate
8%
Debt 3 — minimum payment
$110
Extra monthly payment
$200
Debt-free in
3.6 years

43 months · $5,519 total interest

  • Total debt$19,000
  • Total interest$5,519
  • Interest saved vs minimums$9,574

The math behind it

The roll-down is the avalanche method. Each month every card is charged interest at its own APR and paid its minimum; then all remaining budget — your extra plus any freed-up payments — is thrown at the card with the highest interest rate. When that card is cleared, its payment rolls down onto the next-highest-rate card, and the total hitting your target keeps growing. Because the most expensive debt dies first, this ordering pays the least interest overall.

Assumptions & limits

  • Debts are targeted highest-rate-first, regardless of balance size.
  • Each card's APR is fixed for the whole payoff.
  • All minimums are paid every month, plus the extra amount.
  • No new purchases are added to the balances during payoff.
  • Each cleared payment rolls down onto the next-highest-rate debt.

Common questions

Why target the highest rate instead of the smallest balance?

Interest is the cost of carrying debt, and the highest-APR card costs you the most per dollar. Killing it first stops the most expensive bleeding, so you pay less interest in total and usually finish a bit sooner than the snowball. The trade-off is that a high-rate card can also be a large balance, so the first win may take longer to feel.

How much can the roll-down save over paying minimums?

It depends on your balances, rates, and extra payment, but on high-APR credit cards the difference is often thousands of dollars and years of payments — the calculator shows both figures for your exact numbers. The saving comes entirely from directing extra dollars to the costliest debt and rolling each freed payment forward.

Is the roll-down the same as the avalanche method?

Yes. "Roll-down" and "avalanche" are two names for the same approach: pay minimums everywhere, attack the highest interest rate first, then roll each cleared payment down to the next-costliest debt.