Simulate accelerated debt elimination strategies using Avalanche or Snowball methodology.
This engine structures optimal repayment schedules across multiple liabilities. By cascading available excess monthly cash flow into specific debts, it minimises interest drag and compresses total repayment time.
Prioritises debts by highest interest rate (APR) first while paying minimums on others. Mathematically optimal for minimising total interest paid when all other assumptions remain equal.
Prioritises debts by smallest total balance first. While this can result in more interest than Avalanche, it produces rapid psychological wins by eliminating individual debt accounts quickly.
Once a liability is cleared, its minimum payment is immediately released into the available repayment pool and cascades into the next target liability.
Calculations assume fixed interest rates and consistent monthly contributions. The engine does not account for variable APR increases, late payment fees, or potential balance transfer conditions. Results are for planning purposes and do not constitute formal financial counselling.