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TOOLS

“Powerful calculators and resources designed to bring clarity to your goals and empower your decisions.”

At Way Financial, we blend expertise with empathy to guide your unique financial journey.

Debt Payoff Calculator

Debt Payoff Calculator - Snowball vs Avalanche

Snowball vs Avalanche: The Debt Snowball method pays off debts from smallest to largest balance for psychological wins. The Debt Avalanche method targets highest interest rates first for maximum interest savings. Use this calculator to see which strategy works best for you!

Your Debts

Payment Settings

Please enter a valid amount

Payoff Summary

Total Debt
$0
Best Method
-
Interest Saved
$0
Time Saved
0 months

Payoff Timeline

Interest Comparison

Monthly Payment Schedule

Month Debt Being Paid Payment Principal Interest Remaining Balance

The tools and resources provided on this page are designed to bring clarity to your financial goals and empower your decisions. Please be aware that all information provided through these tools is general in nature and should not be considered as personalized financial, investment, or tax advice. These tools do not offer recommendations for your specific situation. For actual financial advice tailored to your unique needs, a formal client relationship with Way Financial needs to be established through proper channels. Way Financial and its representatives operate as registered investment advisors under fiduciary standards.

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