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Debt snowball vs avalanche

⭐ Pro

Compare the snowball (smallest balance first) vs avalanche (highest rate first) debt payoff strategies.

James OkaforVerified

MSc Finance, Chartered Accountant (ICAEW)

Financial analyst with 12 years experience in mortgage advisory, investment planning and personal finance education.

Extra monthly payment

Debt 1 — Balance

Debt 1 — Rate

Debt 1 — Min payment

Debt 2 — Balance

Debt 2 — Rate

Debt 2 — Min payment

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