Debt payoff: snowball vs avalanche
Two strategies for escaping multiple debts — timeline and interest simulation
Your debts
Snowball (smallest first)
Card → Consumer → Car
Avalanche (highest rate first)
Card → Consumer → Car
Strategy difference: 0 ₴, 0 mo
'Avalanche' (highest rate first) is mathematically always cheaper or equal. 'Snowball' (smallest first) gives quick wins and motivation — studies show people finish it more often. If the interest difference is small, pick snowball.
Simulation is capped at 50 years; with too-small payments a debt may never amortize.
About Debt payoff
Debt payoff — snowball vs avalanche strategies: timeline and interest simulation. Finance: debt payoff, loan vs savings, bank fees, splitter, child costs, cashback, life insurance, terms. Use our tools without registration or installing software. All calculations happen in your browser — your data is never sent to a server.