Debt Snowball vs Avalanche Calculator
Compare two proven debt payoff strategies to find the fastest, cheapest way to become debt-free.
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Any amount above your minimums❄️ Snowball
Pay smallest balance first — builds momentum
Debt-free in
4y 6m
Total Interest Paid
R 49 104
🌊 Avalanche
Pay highest interest first — saves most money
Debt-free in
4y 6m
Total Interest Paid
R 49 104
Take control of your finances
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Frequently Asked Questions
What is the debt snowball method?
The debt snowball method, popularised by Dave Ramsey, involves paying off your smallest debt balances first, regardless of interest rate. Once a debt is paid off, you roll that payment into the next smallest. The psychological wins from eliminating debts motivate you to keep going.
What is the debt avalanche method?
The debt avalanche targets your highest interest rate debt first. Mathematically, this saves you the most money in total interest — but it can take longer to pay off your first debt, which some people find demotivating.
Which method is better?
The best method is the one you actually stick to. Avalanche saves more money; snowball keeps you motivated. Many personal finance experts recommend snowball for its psychological benefits, especially if you have many small debts. If discipline is not an issue, avalanche is mathematically optimal.