Add your debts and compare the avalanche and snowball strategies side by side. See exactly how much interest you'll save and when you'll be completely debt-free.
Pay minimums on all debts, then direct every extra dollar to the debt with the highest interest rate. This minimizes total interest paid and gets you debt-free faster mathematically — but requires patience if your highest-rate debt has a large balance.
Pay minimums on all debts, then focus extra payments on the smallest balance first. When it's paid off, roll that payment to the next smallest. Creates psychological momentum and quick wins that keep you motivated.
Even $50–100 extra per month can dramatically cut years off your payoff timeline. The interest savings compound — every dollar of principal you eliminate early prevents months of future interest charges.
Transferring high-interest credit card debt to a 0% APR card can accelerate payoff significantly. Most cards offer 12–21 months at 0% with a 3–5% transfer fee. Best used alongside a disciplined payoff plan.
A personal loan at a lower rate than your existing debts can simplify payments and reduce interest. Only beneficial if you qualify for a rate lower than your weighted average APR and avoid adding new debt.
If you're motivated by numbers and saving money — choose Avalanche. If you need psychological wins to stay on track — choose Snowball. The best strategy is the one you'll actually stick to.