This new Debt Reduction Calculator / Debt Snowball Calculator can be used to help plan how to pay off all of your credit card balances, auto loans, student loans, personal loans, consumer loans, etc.
You first list all of your debts, then choose a total monthly payment, and as you pay off your debts, the payment is rolled over to help pay for your next one.
You can choose from a few different strategies, such as debt snowball (lowest balance first) or highest-interest-first, or you can choose the exact order you want to pay off your debts.
The download page includes additional information on the different strategies.
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