Debt Tool

Build and compare your debt payoff plan

Enter your accounts and cash flow. We model avalanche, snowball and consolidation month by month - including interest, service fees and credit life - so you can see the real cost of each route

South African customer reviewing a clear debt plan at home

Debt input calculator

All amounts in ZAR. Rate is the annual nominal rate on your statement.

AccountTypeBalance (R)Rate %Min/mo
Total debt: R 123 500Total minimums: R 4 050/moFees & premiums: R 293/mo
  • Store Account: 26.5% is above the typical NCR cap of 20.75% for a store card. Worth querying.

Avalanche

Highest interest rate first

Debt-free in
2y 4m
Total interest
R 35 947
Fees paid
R 5 035
Total repaid
R 164 482

Cheapest overall

Payoff order

  1. 1. Store Account
  2. 2. Personal Loan
  3. 3. Credit Card

Snowball

Smallest balance first

Debt-free in
2y 4m
Total interest
R 37 304
Fees paid
R 4 691
Total repaid
R 165 495

+R 1 013 more than the cheapest option

Payoff order

  1. 1. Store Account
  2. 2. Credit Card
  3. 3. Personal Loan

Consolidation

One loan replaces them all

Debt-free in
5 years
Total interest
R 53 299
Fees paid
R 11 622
Total repaid
R 189 629

+R 25 147 more than the cheapest option

Payoff order

  1. 1. Consolidation loan

Cheapest route: Avalanche at R 164 482 repaid. Select a card to drive the charts, timeline and schedule below.

Strategy comparison

Outstanding balance over time, all three strategies.

Debt-free progress timeline

Avalanche · debt-free in 2y 4m (Feb 2029)

Oct 2026Feb 2029

  1. 1. Store Account settled

    Month 4 · Feb 2027 · interest paid to date R 9 113 · frees up R 1 846/mo for the next target

  2. 2. Personal Loan settled

    Month 24 · Oct 2028 · interest paid to date R 35 278 · frees up R 3 761/mo for the next target

  3. 3. Credit Card settled

    Month 28 · Feb 2029 · interest paid to date R 35 947

  4. Debt free — Feb 2029

    R 123 500 cleared over 2y 4m at a total cost of R 164 482

Month-by-month breakdown — Avalanche

Interest, fees and principal for every month until you're debt free.

Consolidation estimator

Model one loan of R 123 500 settling every account above, including fees.

New loan rate (% p.a.) (R)
Term (months) (R)
Initiation fee (R)
Monthly instalment
R 3 160

Capital + interest + fees

Effective annual cost
19.99%

All fees included

Total cost of credit
R 66 129
Total interest
R 53 299
Total fees
R 11 622
Current weighted avg rate
23.2%

Lower monthly, but R 25 147 more in total

The instalment drops by R 2 890/mo, but the longer term and fees add cost. The consolidation route becomes more expensive from month 53.

Consolidation only helps if the effective rate beats your weighted average and you don't re-use the accounts you settle. Compare total repaid, not the instalment.