Debt Avalanche Calculator
Save the most money on interest! The avalanche method prioritizes debts with the highest interest rates first, minimizing your total cost of borrowing.
How the Avalanche Method Works
Mathematical efficiency at its best. By crushing the highest interest rates first, you minimize the "tax" banks charge you for borrowing.
The Strategy
List all debts in order of interest rate, from highest to lowest. Focus all extra funds on the debt at the top of the list.
The Math
- Pay minimums on all other balances
- Attack the highest APR aggressively
- Saves more money than any other method
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