Pay minimums on all debts, then direct any extra money at the highest interest rate debt first. Once it's cleared, roll that payment into the next highest rate. Mathematically, this minimises total interest paid across all your debts.
Pay minimums on everything, then attack the smallest balance first regardless of interest rate. The boost of eliminating a debt entirely can help you stay motivated — which matters more than the maths if you're likely to give up otherwise.
Avalanche almost always saves more. The difference depends on the gap between your interest rates and balances. Use the calculator above to see exactly how much you'd save with your specific debts.
If your interest rate is above 6%, pay off debt first. High-interest debt is a guaranteed negative return that no investment reliably beats. Always claim your employer pension match first — that's an instant 50–100% return. See our Step 3 guide for the full framework.
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