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Student Loan Payoff Plan

Multiple student loan servicers mean multiple minimums and rates. Avalanche puts extra payments toward the 8.25% private loan first in this example while federal loans at lower rates wait their turn. When one loan clears, its payment rolls to the next target.

Enter your servicer balances in the controls below. Optional start month adds dates to each row. Download a printable plan for your records.

Does not model income-driven repayment, forgiveness, or deferment. Planning estimate only.

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Avalanche (highest rate first)

Payoff: 81 months

Total interest: $7,964.62

First debt cleared: month 58

Snowball (smallest balance first)

Payoff: 82 months

Total interest: $9,126.76

First debt cleared: month 40

Avalanche: 81 months · $7,964.62 interest

Snowball: 82 months · $9,126.76 interest

Avalanche saves $1,162.14 in interest compared to snowball.

Snowball clears your first debt 18 months sooner.

Paying only minimums costs $4,638.32 more in interest than avalanche.

Avalanche clear order

  1. 1. Private loan — month 58
  2. 2. Federal loan A — month 75
  3. 3. Federal loan B — month 81
MonthDebtPaymentInterestPrincipalBalance
1Federal loan A$1,680.00$662.08$1,017.92$11,482.08
1Federal loan B$1,140.00$392.23$747.77$7,452.23
1Private loan$3,780.00$1,139.14$2,640.86$12,359.14
2Federal loan A$1,680.00$604.69$1,075.31$10,406.77
2Federal loan B$1,140.00$354.07$785.93$6,666.30
2Private loan$3,780.00$912.84$2,867.16$9,491.98
3Federal loan A$1,680.00$544.02$1,135.98$9,270.79
3Federal loan B$1,140.00$313.92$826.08$5,840.22
3Private loan$3,780.00$667.14$3,112.86$6,379.12
4Federal loan A$1,680.00$479.94$1,200.06$8,070.73
4Federal loan B$1,140.00$271.74$868.26$4,971.96
4Private loan$3,780.00$400.40$3,379.60$2,999.52
5Federal loan A$2,310.00$410.80$1,899.20$6,171.53
5Federal loan B$1,140.00$227.43$912.57$4,059.39
5Private loan$3,112.98$113.46$2,999.52$0.00
6Federal loan A$5,460.00$208.38$5,251.62$919.91
6Federal loan B$1,140.00$180.82$959.18$3,100.21
7Federal loan A$926.35$6.44$919.91$0.00
7Federal loan B ✓$3,175.29$75.08$3,100.21$0.00

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