Short Answer: The debt avalanche method usually saves the most interest because it targets the highest APR first. The debt snowball method can be easier to stick with because it pays off the smallest balance first.
When Avalanche Wins
Use avalanche when interest savings are the priority and you can stay motivated without quick balance eliminations.
When Snowball Wins
Use snowball when momentum matters. Paying off a small account can create the behavioral reward needed to continue the plan.
Calculate Next
FAQ
Which method is mathematically best?
Avalanche is usually mathematically best because it attacks the highest interest rate first.
Which method is emotionally easier?
Snowball can be easier because it creates faster visible wins by closing smaller balances first.
Can I combine both methods?
Yes. Many people pay off one or two small balances first, then switch to avalanche for the remaining debt.