Debt Snowball vs Avalanche

Input your debts below to mathematically compare the two most popular debt destruction strategies. The Snowball gives you quick psychological wins, while the Avalanche minimizes total interest paid.

Your Debts

How much extra cash can you put toward debt each month?

The Verdict

By using the Snowball method, you will save $0.00 in interest compared to the alternative.

Snowball Total Interest
$3,784.72
Paid off in 54 months
Avalanche Total Interest
$3,784.72
Paid off in 54 months

How it works:

Debt Snowball: You pay minimums on everything, and put all extra cash toward the smallest balance. You get quick wins, boosting psychology.
Debt Avalanche: You pay minimums on everything, and put all extra cash toward the highest interest rate. Mathematically, this saves the most money.

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