v0.9.0: Compare Payoff Strategies Side by Side
Spendify Team
Highlights
- Side-by-side comparison of all three strategies
- Interest saved displayed for each approach
- Debt-free date updates in real time as you reorder accounts
- "What-if" slider to see impact of extra monthly payments
The question everyone asks
“Should I use snowball or avalanche?” It depends on your specific debts — and until now, there wasn’t a simple way to see the difference for your situation.
What’s new
Side-by-side strategy comparison. Spendify now shows snowball, avalanche, and custom payoff orders on a single screen. Each one displays your debt-free date, total interest paid, and how much you save compared to minimum payments only.
Custom payoff order. Drag and drop your accounts into whatever order makes sense to you. Maybe you want to knock out that store card first for emotional momentum, then switch to highest-rate. Your strategy, your call. Spendify shows you the math either way.
“What-if” extra payment slider. Curious what an extra $50, $100, or $200 a month would do? Slide the bar and watch your debt-free date move in real time. This is the feature beta testers told us they keep coming back to.
Interest saved callouts. Each strategy now shows the total interest you’d save compared to making only minimum payments. For most users, the difference is hundreds or thousands of dollars. Seeing that number makes the payoff plan feel real.
Why we built it
Most debt payoff advice picks a side — snowball or avalanche — and tells you it’s the only answer. The truth is, the best strategy is the one you’ll actually stick with. Spendify gives you the information. You make the call.
