Analyze how to retire debt faster by determining what your payment is now and then how you can make additional payments to accelerate payoff. You can calculate how long it will take to pay off your highest interest rate debt or the smallest debt amount first. Then reapply the amount you HAD been paying for that first debt to the next highest debt, and so on. You'll soon create an accelerating snowball effect that retires your debt faster.
The calculator will sort the debts for you when completing the analysis. You can also enter any extra amount to the total payment to accelerate debt payoff even further.
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