Our debt avalanche calculator will show you which debt to start repaying first based on your balance with the highest interest rate. You’ll continue to make minimum monthly payments on all other accounts while putting as much as possible toward your balance with the highest interest rate. 3.
What is the debt avalanche?
The debt avalanche payoff method is a popular way to pay down debt. The idea is that you pay off the debts with the highest interest rates first; regardless of the balance.
What is the debt avalanche method?
The debt avalanche method is a strategy for paying down debt that is often compared to the debt snowball method. The debt avalanche strategy, sometimes referred to as the “roll-down” method, focuses on eliminating your highest interest debt before any other debt. How Does a Debt Avalanche Work?
