Debt Snowball / Avalanche Planner
Compare snowball (smallest first) vs avalanche (highest rate first) strategies for paying off multiple debts.
Your Debts
| Name | Balance (₹) | Rate (%) | Min EMI (₹) | |
|---|---|---|---|---|
🏔️ Avalanche (Highest Rate First)
Total Interest₹1,39,738
Months to Payoff42 months
Total Paid₹9,19,738
Payoff Order:
1. Credit Card (36%)
2. Personal Loan (14%)
3. Car Loan (9%)
⛄ Snowball (Smallest Balance First)
Total Interest₹1,39,738
Months to Payoff42 months
Total Paid₹9,19,738
Payoff Order:
1. Credit Card (₹80,000)
2. Personal Loan (₹2,00,000)
3. Car Loan (₹5,00,000)
Avalanche saves ₹0 in interest
Snowball gives quicker wins for motivation. Avalanche saves the most money.