Compare both strategies side-by-side to see which saves you more money and gets you debt-free faster.
Add your debts to calculate your payoff plan
No debts added yet
The snowball method focuses on paying off your smallest debt first, regardless of interest rate. Once that debt is paid off, you roll that payment into the next smallest debt.
The avalanche method prioritizes paying off debts with the highest interest rates first. This mathematically optimal approach saves you the most money over time.