Debt repayment order
Loans & budgets
Debt repayment order
Compare paying high-interest or smaller debts first
Example values are filled in. Replace them with your own.
Example calculation
Rate first (debt #): 1 → 3 → 2.
Rate first (debt #)
1 → 3 → 2
Balance first (debt #)
3 → 1 → 2
Debt numbers follow your input order. Compare highest interest rate versus smallest balance first.
Use the same currency for all amounts. Taxes and fees are excluded unless an explicit field is provided.
See formula and assumptions
Enter paired balances and rates. Shows highest-rate-first and smallest-balance-first orders, not an amortization simulation.
- Balances
- Separate entries with commas. Example: 3000, 10000, 2000
- Annual rates (%)
- Separate entries with commas. Example: 18, 5, 10