Debt payoff: avalanche vs snowball
Pay the minimum on everything, then throw every extra dollar at one debt. When it's gone, roll its payment into the next.
Assumptions
- Monthly compounding, fixed rates, minimums stay constant.
- Freed-up minimums roll into the next target debt.
General information, not financial advice. This calculator gives rough estimates from simplified assumptions. It does not know your full situation. Check with a qualified professional and the official sources before making decisions.
Sources
Figures checked October 16, 2026. Rules and limits change; confirm with the source before acting.
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