Debt avalanche vs. debt snowball - which is better?

Debt avalanche (paying highest interest first) saves more money mathematically. Debt snowball (paying smallest balance first) provides psychological motivation. Choose based on your personality and situation.

Multiple Credit Cards Payoff Calculator

Calculate payoff strategy for multiple credit cards. Compare debt avalanche vs. debt snowball methods.

Multiple Credit Cards Payoff Calculator

Calculate payoff strategy for multiple credit cards. Compare debt avalanche vs. debt snowball methods.

Total Credit Card Debt*

Combined credit card debt

Average APR (%)*

Weighted average interest rate

Total Monthly Payment*

Total monthly payment amount

Payoff Strategy*

Debt payoff strategy

Months to Pay Off All Cards

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Financial calculation complete

Multiple Credit Card Payoff Strategies

When dealing with multiple credit cards, choosing the right payoff strategy can save money and provide motivation. The avalanche method saves more money, while the snowball method provides psychological wins.