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Best way to pay off Debt
So you've decided to pay off all your debts!
Great.
Use this calculator to see if you should pay off the highest interest rate first or the highest balance first.
Your Debts With Constant Monthly Payments
Balance:
Monthly Payment
, //
Annual Interest Rate
Home Mortgage:
Interest:
%
Auto Loan:
Interest:
%
Other Fixed Payment Loan:
Interest:
%
Your Debts With Varying Monthly Payments
Balance:
Annual Interest Rate
Credit Card or Store Card 1:
%
Credit Card or Store Card 2:
%
Credit Card or Store Card 3:
%
1