The Debt Repayment calculator demonstrates the power of strategic debt repayment. Choose between the Snowball and Avalanche methods, and compare them to a “no strategy” approach.

Calculate how to pay off debts sooner with less interest.

Different approaches to paying down debt.

The Debt Repayment calculator explores different strategies to manage your debt including the Snowball and Avalanche methods.

Snowball Method

While making the minimum payment on all debt, the Snowball method encourages paying as possible toward the smallest balance each month until it’s paid off. Then, repeat the process on the next smallest balance.

Avalanche Method

Alternatively, another strategy called the Avalanche method, approaches debt by making the minimum payment on all debt, while also paying down as much as possible toward the balance with the highest interest rate. This approach is generally less expensive, as you tackle the highest interest rate debt first.

Time and Interest Savings
The Debt Repayment calculator generates personalized plans, showing potential time and interest savings, empowering clients to make informed decisions for a faster path to financial freedom. This calculator is also included in FreshPlan software.

Additional calculators to help with your planning include:

• Loan Calculator
• Debt Consolidation
• Pay Down Debt or Invest

Consumer-facing
These consumer-facing financial calculators can be embedded in your web site quickly and easily.

Responsive
Calculators are easy-to-use and fully responsive on any device – phone, tablet, laptop or desktop.

Full Branding
Calculators can be fully branded according to your branding style guide. You’ll be up and running with a quick turnaround.

The calculators can be viewed for free up to five (5) times.