Tools
Loan Repayment Strategy Advisor
If you have multiple loans, find the optimal repayment order to minimise total interest paid.
Choose Your Strategy
Amount above minimum EMIs you can put toward debt repayment
Avalanche Strategy
33 months
to become debt-free
Total interest paid
₹76.1K
vs. Snowball
Save ₹8.2K
1 months faster
Repayment Order (avalanche)
Credit Card
36% · ₹85.0K
Two-Wheeler Loan
18% · ₹45.0K
Personal Loan (HDFC)
11% · ₹2.50L
Repayment Strategy FAQ
The avalanche method means putting any extra money toward the loan with the highest interest rate first, while paying the minimum on the rest — this minimises total interest paid across all your loans.
Mathematically, paying off the highest-rate loan first (avalanche) saves the most money. Paying off the smallest balance first (snowball) can help psychologically but usually costs more in total interest.
Most Indian lenders now allow prepayment of floating-rate personal loans without penalty after a lock-in period (often 6–12 months); check your specific loan agreement.