Debt Snowball vs. Avalanche
Compare two strategies for repaying three debts with a fixed monthly budget.
- 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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