The SA Handbook calculator
Debt avalanche
Estimate payoff time when the highest interest rate is prioritised.
Debt 1
R
%
R
Debt 2
R
%
R
Debt 3
R
%
R
R
Estimated time to clear all debts
35 months
Estimated interest paid
R 27 112
Starting debt
R 133 000
How to use this result
Minimums are paid first, then all extra cash targets the highest rate. This usually minimises interest when rates and payments stay as entered.
Minimums are paid first, then all extra cash targets the highest rate. This usually minimises interest when rates and payments stay as entered.