💳 Debt Payoff Calculator

Snowball vs Avalanche

The avalanche method pays off the highest interest rate first — mathematically optimal, saving the most money. The snowball method pays off the smallest balance first — psychologically powerful because quick wins build momentum. Studies show snowball users are more likely to become debt-free because the motivation from early wins keeps them going. Choose avalanche if you are disciplined and data-driven. Choose snowball if you need motivation and quick progress.