All of them. Every payoff order you can pick from the method dropdown is available on a free account, and you can switch between them as often as you like. A couple of review sites say custom plans need a paid upgrade, and one says there are more than a dozen methods including "blended" and "pro rata" options. Neither is right, so here is the actual list.
The payoff orders, all free
- Debt snowball. Lowest balance first. Quick wins and momentum.
- Debt avalanche. Highest interest rate first. The least total interest. If you are not sure which to pick, start here.
- Hybrid (debt to interest ratio). Blends balance and rate so small expensive debts go first.
- Cash Flow Index (CFI). Pays off the debts that tie up the most monthly cash relative to their balance.
- Custom order, highest number first. You number each debt on its detail page and the plan follows your numbers.
- Custom order, lowest number first. The same custom numbering, run the other way.
- Highest monthly payment first. Frees up monthly cash fastest, useful before a car loan or a big minimum.
- Highest credit utilization first. Pays down the cards closest to their limits, which helps a credit score.
- Highest monthly interest paid first. Like avalanche, but ranked by the dollar amount of interest each month instead of the rate.
- Lowest interest rate first. The reverse of avalanche. Rarely the best plan, but it is there for people paying down a 0% promo before its rate resets.
You will see "8 payoff methods" on the public pages. That count treats the two custom directions as one method and leaves out lowest rate first. Same list, counted differently.
What Undebt.it+ adds
Undebt.it+ does not unlock any payoff order. It adds two things that sit on top of whichever method you chose:
- The Debt Blaster. Automatically raises your monthly debt budget by a fixed amount or percentage each month, then adjusts the plan. It works with any of the payoff orders above.
- Undebt.AI. Looks at your accounts and suggests which method fits your situation, with the reasoning.
- Drag & Drop Custom Plan Builder Drag & drop your debt accounts to find the right fit. Just to clarify, the custom payoff plans are free, but the drag & drop page is an Undebt.It+ feature. For free accounts, you can manually assign the payoff order on each account on the debt details page.
How to compare them with your own numbers
The compare methods page runs every payoff order against your actual balances, rates and budget and shows the debt free date and total interest for each. That page is free too. Most people find the snowball and avalanche results are closer than they expected, which is why the site lets you switch at any time without losing anything.