Which Payoff Method Should You Use?

The most effective way to pay down debt is to focus on accounts with the highest interest rate which is known as the debt avalanche method or debt stacking. However, many people like to focus on accounts with the smallest balance first, also known as the debt snowball. You can simulate both methods with the form below to see which one works best for you.

$ .00
# Account Name Current Balance Minimum Payment Interest Rate
Add Row Delete Row
@undebt_it Side note: if anyone is looking into using @inmotionhosting as a web host, you may want to look elsewhere. Very unreliable.
11:50 AM - Aug 6th 2017
@undebt_it The site's been up and down again today. More problems with web host....no ETA right now but they are working on it.
11:49 AM - Aug 6th 2017
@undebt_it Undebt.it has been down for a few hours now. Problem with web host and there is no eta right now
4:12 PM - Jul 7th 2017
@undebt_it I squashed a bug that was causing slow page loads, especially for users with many accounts. Should be faster overall now.
4:46 PM - Jul 4th 2017
@undebt_it I released a bug fix last night so please let me know if you seeing anything wrong with your snowball table. Thanks
2:07 PM - Jun 26th 2017