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Credit Cards Payoff Calculator
This calculator creates a cost-efficient payback schedule for multiple credit cards using the Debt Avalanche method.
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You can pay off your credit cards in 0 months if you payback $0.00 every month. To payoff, you will need to pay a total of $0.00, within which $0.00 is interest.
| Credit Card | Payoff Length | Total Interest | Total Payments |
|---|
Info of your credit cards:
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Understanding the Debt Avalanche Method
The debt avalanche method is a strategy for paying off debt. With this method, you make the minimum payments on all your debts, and then use any remaining money to pay off the debt with the highest interest rate. This calculator uses the debt avalanche method to create your payoff plan.