version 0.9
This pagelet will calculate and display the length of time to pay off a list of debts, and the total amount paid.
Debt Avalanche Paying higest interest first. Mathematically this saves you the most money. When each loan is paid off the old payment gets moved to the next loan.
Debt Snowball Paying lowest balance first. This method gives the payer the most motivation. When each loan is paid off the old payment gets moved to the next loan.
Minimum payment This is the worst way to pay, and makes you fight against compound interest.