A sample payment plan
Three made-up accounts and a $450.00 monthly payment, run through the same calculation engine members use. Nothing here is real or personalized.
Store cardBalance$640.00APR26.99%Minimum$25.00
VisaBalance$2,350.00APR22.49%Minimum$70.00
Car loanBalance$6,800.00APR6.5%Minimum$215.00
Total paid toward debts each month, including minimums$450.00
Estimated debt-free date
November 2028
Estimated interest along the way: $1,022.98.
This month: $310.00 in minimums + $140.00 extra
- 1.Store card$165.00 ($25.00 min + $140.00 extra)
- 2.Visa$70.00 ($70.00 min)
- 3.Car loan$215.00 ($215.00 min)
Crescendo Method order: Store card → Visa → Car loan. Smallest balance first; ties go to the higher rate.
Assumptions behind this estimate
- Interest is estimated once per month as APR / 12 on the opening balance, rounded to the cent, before payments.
- No new charges, fees, or rate changes are assumed unless you enter a promotional rate and end date.
- Minimum payments and installment amounts stay as entered; payments are capped at the amount owed and any excess rolls to the next account.
- Your total monthly debt amount stays the same as accounts are paid off (the Crescendo Effect).
- Dates are calendar obligations; this is an estimate, not your creditor's exact billing.
- This estimate covers only the debts you entered.