Extra Monthly Payment
+$150/mo
$0 (minimums only)Total: $1,700/mo$1,000 extra
snowball Method
Lowest balance first
Selected
Payoff Time
2yr
Total Interest
$2,395
$1,700/mo total payment · $1,550 min + $150 extra
avalanche Method
Highest interest first
Payoff Time
2yr
Total Interest
$2,395
$1,700/mo total payment · $1,550 min + $150 extra
Total Balance Over Time
snowball method · $1,700/mo
Now1yrDebt-free
Chase Visa
Snowball: 1yr 5moAvalanche: 1yr 5mo
Dave Cash Advance
Snowball: 1moAvalanche: 1mo
Personal Loan – Discover
Snowball: 2yrAvalanche: 2yr
EarnIn Instant Cash
Snowball: 1moAvalanche: 1mo
ACE Payday Loan
Snowball: 2moAvalanche: 2mo
Snowball
Avalanche
snowball Summary
Debt-Free In
2yr
Total Interest Paid
$2,395
Total Paid Out
$15,980
Monthly Payment
$1,700
Payoff Order
1
Dave Cash Advance
Lowest balance — pay first
2
EarnIn Instant Cash
Then roll payments here
3
ACE Payday Loan
Then roll payments here
4
Chase Visa
Then roll payments here
5
Personal Loan – Discover
Then roll payments here