Accelerated Debt Payoff Calculator
See how extra payments can reduce payoff time and total interest using the avalanche method.
Your Debts
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Extra Payment
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Extra payments will be applied to the highest interest debt first (avalanche method).
Payoff Comparison
Minimum Payments Only
Payoff Time58
Total Interest$6,798
With Extra Payment
Payoff Time38
Total Interest$3,747
Time Saved20
Interest Saved$3,051