diff --git a/compiler/resolution/src/org/jetbrains/kotlin/resolve/calls/inference/components/KotlinConstraintSystemCompleter.kt b/compiler/resolution/src/org/jetbrains/kotlin/resolve/calls/inference/components/KotlinConstraintSystemCompleter.kt
index a53eee72608..00da2d72a6b 100644
--- a/compiler/resolution/src/org/jetbrains/kotlin/resolve/calls/inference/components/KotlinConstraintSystemCompleter.kt
+++ b/compiler/resolution/src/org/jetbrains/kotlin/resolve/calls/inference/components/KotlinConstraintSystemCompleter.kt
@@ -111,10 +111,13 @@ class KotlinConstraintSystemCompleter(
                 TypeVariableDependencyInformationProvider(notFixedTypeVariables, postponedArguments, topLevelType, this)
 
             // Stage 2: collect parameter types for postponed arguments
-            postponedArgumentInputTypesResolver.collectParameterTypesAndBuildNewExpectedTypes(
+            val wasBuiltNewExpectedTypeForSomeArgument = postponedArgumentInputTypesResolver.collectParameterTypesAndBuildNewExpectedTypes(
                 asPostponedArgumentInputTypesResolverContext(), postponedArgumentsWithRevisableType, completionMode, dependencyProvider
             )
 
+            if (wasBuiltNewExpectedTypeForSomeArgument)
+                continue
+
             if (completionMode == ConstraintSystemCompletionMode.FULL) {
                 // Stage 3: fix variables for parameter types of all postponed arguments
                 for (argument in postponedArguments) {
@@ -133,32 +136,29 @@ class KotlinConstraintSystemCompleter(
 
                 // Stage 4: create atoms with revised expected types if needed
                 for (argument in postponedArgumentsWithRevisableType) {
-                    postponedArgumentInputTypesResolver.transformToAtomWithNewFunctionalExpectedType(
+                    val wasTransformedSomeArgument = postponedArgumentInputTypesResolver.transformToAtomWithNewFunctionalExpectedType(
                         asPostponedArgumentInputTypesResolverContext(), argument, diagnosticsHolder
                     )
+
+                    if (wasTransformedSomeArgument)
+                        continue@completion
                 }
             }
 
-            /*
-             * We should get not analyzed postponed arguments again because they can be changed by
-             * the stage of fixation type variables for parameters or analysing postponed arguments with fixed parameter types (see stage #1 and #4)
-             */
-            val revisedPostponedArguments = getOrderedNotAnalyzedPostponedArguments(topLevelAtoms)
-
             // Stage 5: analyze the next ready postponed argument
-            if (analyzeNextReadyPostponedArgument(revisedPostponedArguments, completionMode, analyze))
+            if (analyzeNextReadyPostponedArgument(postponedArguments, completionMode, analyze))
                 continue
 
             // Stage 6: fix type variables – fix if possible or report not enough information (if completion mode is full)
             val wasFixedSomeVariable = fixVariablesOrReportNotEnoughInformation(
-                completionMode, topLevelAtoms, topLevelType, collectVariablesFromContext, revisedPostponedArguments, diagnosticsHolder
+                completionMode, topLevelAtoms, topLevelType, collectVariablesFromContext, postponedArguments, diagnosticsHolder
             )
             if (wasFixedSomeVariable)
                 continue
 
             // Stage 7: force analysis of remaining not analyzed postponed arguments and rerun stages if there are
             if (completionMode == ConstraintSystemCompletionMode.FULL) {
-                if (analyzeRemainingNotAnalyzedPostponedArgument(revisedPostponedArguments, analyze))
+                if (analyzeRemainingNotAnalyzedPostponedArgument(postponedArguments, analyze))
                     continue
             }
 
diff --git a/compiler/resolution/src/org/jetbrains/kotlin/resolve/calls/inference/components/PostponedArgumentInputTypesResolver.kt b/compiler/resolution/src/org/jetbrains/kotlin/resolve/calls/inference/components/PostponedArgumentInputTypesResolver.kt
index 695b97f21a2..7bf47656283 100644
--- a/compiler/resolution/src/org/jetbrains/kotlin/resolve/calls/inference/components/PostponedArgumentInputTypesResolver.kt
+++ b/compiler/resolution/src/org/jetbrains/kotlin/resolve/calls/inference/components/PostponedArgumentInputTypesResolver.kt
@@ -304,7 +304,7 @@ class PostponedArgumentInputTypesResolver(
             else -> parameterTypesInfo.annotations
         }
 
-        val nexExpectedType = KotlinTypeFactory.simpleType(
+        val newExpectedType = KotlinTypeFactory.simpleType(
             annotations,
             functionalConstructor,
             variablesForParameterTypes + variableForReturnType.defaultType.asTypeProjection(),
@@ -312,12 +312,12 @@ class PostponedArgumentInputTypesResolver(
         )
 
         getBuilder().addSubtypeConstraint(
-            nexExpectedType,
+            newExpectedType,
             expectedType,
             ArgumentConstraintPosition(argument.atom)
         )
 
-        return nexExpectedType
+        return newExpectedType
     }
 
     fun collectParameterTypesAndBuildNewExpectedTypes(
@@ -325,7 +325,7 @@ class PostponedArgumentInputTypesResolver(
         postponedArguments: List<PostponedAtomWithRevisableExpectedType>,
         completionMode: KotlinConstraintSystemCompleter.ConstraintSystemCompletionMode,
         dependencyProvider: TypeVariableDependencyInformationProvider
-    ) {
+    ): Boolean {
         // We can collect parameter types from declaration in any mode, they can't change during completion.
         val postponedArgumentsToCollectTypesFromDeclaredParameters = postponedArguments
             .filterIsInstance<LambdaWithTypeVariableAsExpectedTypeAtom>()
@@ -349,27 +349,24 @@ class PostponedArgumentInputTypesResolver(
                 postponedArguments
             }
 
-        do {
-            val wasTransformedSomePostponedArgument =
-                postponedArgumentsToCollectParameterTypesAndBuildNewExpectedType.filter { it.revisedExpectedType == null }.any { argument ->
-                    val parameterTypesInfo =
-                        c.extractParameterTypesInfo(argument, postponedArguments, dependencyProvider) ?: return@any false
-                    val newExpectedType =
-                        c.buildNewFunctionalExpectedType(argument, parameterTypesInfo) ?: return@any false
+        return postponedArgumentsToCollectParameterTypesAndBuildNewExpectedType.filter { it.revisedExpectedType == null }.any { argument ->
+            val parameterTypesInfo =
+                c.extractParameterTypesInfo(argument, postponedArguments, dependencyProvider) ?: return@any false
+            val newExpectedType =
+                c.buildNewFunctionalExpectedType(argument, parameterTypesInfo) ?: return@any false
 
-                    argument.revisedExpectedType = newExpectedType
+            argument.revisedExpectedType = newExpectedType
 
-                    true
-                }
-        } while (wasTransformedSomePostponedArgument)
+            true
+        }
     }
 
     fun transformToAtomWithNewFunctionalExpectedType(
         c: Context,
         argument: PostponedAtomWithRevisableExpectedType,
         diagnosticsHolder: KotlinDiagnosticsHolder
-    ) {
-        val revisedExpectedType = argument.revisedExpectedType?.takeIf { it.isFunctionOrKFunctionTypeWithAnySuspendability } ?: return
+    ): Boolean {
+        val revisedExpectedType = argument.revisedExpectedType?.takeIf { it.isFunctionOrKFunctionTypeWithAnySuspendability } ?: return false
 
         when (argument) {
             is PostponedCallableReferenceAtom ->
@@ -380,6 +377,8 @@ class PostponedArgumentInputTypesResolver(
                 argument.transformToResolvedLambda(c.getBuilder(), diagnosticsHolder, revisedExpectedType)
             else -> throw IllegalStateException("Unsupported postponed argument type of $argument")
         }
+
+        return true
     }
 
     private fun getAllDeeplyRelatedTypeVariables(
diff --git a/compiler/testData/diagnostics/tests/inference/completion/postponedArgumentsAnalysis/basic.kt b/compiler/testData/diagnostics/tests/inference/completion/postponedArgumentsAnalysis/basic.kt
index 376b81c8f35..07c7cc5a200 100644
--- a/compiler/testData/diagnostics/tests/inference/completion/postponedArgumentsAnalysis/basic.kt
+++ b/compiler/testData/diagnostics/tests/inference/completion/postponedArgumentsAnalysis/basic.kt
@@ -119,8 +119,8 @@ fun main() {
      * K <: (A) -> Unit -> TypeVariable(_RP1) >: A
      * K >: (C) -> TypeVariable(_R) -> TypeVariable(_RP1) <: C
      */
-    val x12 = selectC(id <!TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH!>{ <!DEBUG_INFO_EXPRESSION_TYPE("C")!>it<!> }<!>, id <!TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH!>{ x: B -> }<!><!NO_VALUE_FOR_PARAMETER!>)<!>
-    val x13 = selectA(id <!TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH!>{ <!DEBUG_INFO_EXPRESSION_TYPE("A")!>it<!> }<!>, id <!TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH!>{ x: C -> }<!><!NO_VALUE_FOR_PARAMETER!>)<!>
+    val x12 = selectC(id <!TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH!>{ <!DEBUG_INFO_EXPRESSION_TYPE("C")!>it<!> }<!>, id <!TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH!>{ x: B -> }<!><!NO_VALUE_FOR_PARAMETER!>)<!>
+    val x13 = selectA(id <!TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH!>{ <!DEBUG_INFO_EXPRESSION_TYPE("A")!>it<!> }<!>, id <!TYPE_MISMATCH, TYPE_MISMATCH, TYPE_MISMATCH!>{ x: C -> }<!><!NO_VALUE_FOR_PARAMETER!>)<!>
     val x14 = selectC(id { <!DEBUG_INFO_EXPRESSION_TYPE("C")!>it<!> }, id { x: A -> }, { x -> x })
     val x15 = selectC(id { <!DEBUG_INFO_EXPRESSION_TYPE("C")!>it<!> }, { x: A -> }, id { x -> x })
     /*