Debt Snowball vs Avalanche
Compare two payoff strategies by total interest and time to debt-free.
前提条件
Your debts
Snowball (smallest balance first)
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Avalanche (highest rate first)
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Remaining balance: snowball vs avalanche (simulated)
シミュレーション結果Two popular methods for repaying multiple debts: the snowball targets the smallest balance first for quick psychological wins, while the avalanche targets the highest interest rate to minimize total interest. Compare both with your own balances.
How each method works
Both methods require paying at least the minimum on every debt. Any extra money goes to one target debt: smallest balance (snowball) or highest APR (avalanche). When it is cleared, roll its payment into the next target.
Mathematically the avalanche usually costs less interest. Behaviorally, snowball wins some people stick with because early victories build momentum.
Avoiding new debt
Repayment only works if cards stop financing new spending. Freeze or store credit cards, build a small buffer first, and align the method with what you will actually sustain.
When to get help
If minimum payments are unaffordable or interest overwhelms every payment, contact a non-profit credit counseling service early. AILICAI is not a lender, debt counselor, or adviser and cannot negotiate debts for you.
Calculator FAQ
Snowball or avalanche — which is better?
Avalanche generally minimizes interest; snowball can maximize motivation. The best plan is the one you consistently execute. This calculator shows both simulated outcomes.
Should I close paid-off cards?
Closing cards can reduce available credit and affect credit utilization metrics. Keeping them open but unused is often simpler, but decide based on your own discipline and circumstances.
Is debt consolidation a good idea?
It can lower rates but often fails if spending habits do not change. Compare total cost and fees carefully and consult a licensed counselor. We do not arrange or recommend loans.