Debt Snowball vs. Avalanche

Compare two strategies for repaying three debts with a fixed monthly budget.

Snowball (smallest balance first): months30.0 months
Snowball: total interest
CHF 1'821
Avalanche (highest rate first): months
30.0 months
Avalanche: total interest
CHF 1'821
Interest saved by avalanche
CHF 0.00

How it works

Compares two ways to repay several debts with a fixed monthly budget. The snowball method pays off the smallest balance first. The avalanche method pays off the highest rate first and usually costs less interest. Both pay the minimum on the others.

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