EMIelly · decision engine
Loan Decision Engine
List every loan you're carrying. We'll rank them by avalanche (highest rate first) or snowball (smallest balance first) and tell you exactly which one to attack.
Add a loan
Strategy
FAQ: Decision Engine
Avalanche (highest interest rate first) minimizes total interest paid and is the mathematically optimal strategy in almost every case.
Snowball (smallest balance first) clears individual loans faster, which creates psychological momentum. If motivation is your bigger obstacle than optimization, snowball can help you stick with the plan.
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