6 Debt Payoff Methods, Compared
There is no single best way to pay off debt — the right method depends on your balances, interest rates, and what keeps you motivated. Here are the six strategies our calculator runs on your numbers.
Debt Snowball
Pay the smallest balance first to build unstoppable momentum.
Debt Avalanche
Pay the highest interest rate first to pay the least total interest.
Smart Cascade
Free up cash flow fastest by blending payoff speed with interest.
Cash Flow Index
Clear the debts that tie up the most cash per dollar owed.
Highest Payment
Eliminate your biggest required payment first for instant relief.
Interest Cost
Stop the biggest dollar leak first (balance × APR).