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The date your debts disappear
.
Real month-by-month amortization — snowball or avalanche, with every freed payment rolling into the next debt.
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1
What you owe
DEBT
BALANCE
APR %
MIN /MO
+ Add debt
APR is the yearly interest rate on the statement. The minimum payment is what you must pay each month — we’ll add anything extra on top.
2
What you can add
Extra per month, on top of minimums
⋍ FROM YOUR BUDGET
Even a small amount changes the date dramatically —
find yours in the Budget optimizer
.
Which debt do you attack first?
Snowball
Avalanche
DEBT TODAY
INTEREST
FREE ON
Your balance, falling
NAVY = CHOSEN · DASHED = MINIMUMS ONLY
The order of attack
Snowball vs avalanche, on your numbers
WHAT THIS MEANS
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✓ SAVED TO YOUR PLAN