Extra payment each monthon top of all minimums
/ mo
Debt 1
Debt 1 balance
APR
%
Min. payment
/ mo
Debt 2
Debt 2 balance
APR
%
Min. payment
/ mo
Debt 3
Debt 3 balance
APR
%
Min. payment
/ mo

Debt-free in

3 yr 4 mo

Using the snowball method · $790 a month

Avalanche (highest APR first)
3 yr 4 mo · $3,400 interest
Snowball (smallest balance first)
3 yr 4 mo · $3,400 interest
Minimum payments only
9 yr 6 mo · $7,845 interest
Total debt
$28,000

Payoff order (snowball)

DebtPaid offInterest paid
Debt 1Month 15$650
Debt 2Month 24$768
Debt 3Month 40$1,983
Debt-free in3 yr 4 mo

Estimates for education, not financial advice.Debt payoff calculator (snowball vs avalanche) by Numlight ↗