Submitted by [deleted] t3_11edvv6 in personalfinance
redditenjoyer737 t1_jadkis0 wrote
Snowballing (assuming a mininum payment of $235 on the SL and $400 on the PL + an additional $500/mo) would result in a total interest paid of $9,037
Avalanche method of paying highest interest first would mean $3,968 would be paid in interest.
Shav988 t1_jadp4io wrote
Thank you!
Viewing a single comment thread. View all comments