Ramsey Debt Modeler

Monte Carlo comparison of Dave Ramsey's debt snowball (smallest balance first) vs the debt avalanche (highest interest first). Each trial generates a random debt portfolio; many trials show which strategy wins more often and by how much.

Your assumptions

Total debt ($) Sum of randomly split debts per trial Monthly budget ($) Total cash available for debt payments each month Min payment (%) Per debt: max($25, balance × this %) Min APR (%) Lower bound for random interest rates Max APR (%) Upper bound for random interest rates Trials Monte Carlo runs (10–1,000)

Ramsey Debt Modeler

Your assumptions

Results