Debt

Smart Debt Avalanche Payoff Planner

Add your debts and MoneyPilot will automatically show exactly how much to pay toward each one, prioritizing the highest interest rate first.

The Smart Plan below always shows the avalanche allocation because it generally minimizes interest for the same payment budget.
This is in addition to all minimum payments. MoneyPilot automatically directs it to the highest-APR debt.

Avalanche vs. snowball

The avalanche generally minimizes interest by prioritizing the highest APR. The snowball prioritizes the smallest balance, which some people find motivating.

Read the full comparison →