Debt Management
Take control and become debt-free faster
Total Debt
$45,250
Across 3 accounts
Monthly Payments
$1,850
Current payments
Debt-to-Income
14.8%
Good ratio (<20%)
Payoff Time
3.7 years
At current rate
Your Debts
| DEBT | BALANCE | APR | MIN PAYMENT | CURRENT PAYMENT | PAYOFF TIME | PRIORITY |
|---|---|---|---|---|---|---|
Credit Card - Chase Sapphire credit card | $8,450 | 24.99% | $185 | $300 | 2 years 4 months | high |
Student Loan - Federal student loan | $28,500 | 4.53% | $315 | $450 | 6 years 2 months | medium |
Car Loan - Honda Civic auto loan | $8,300 | 3.29% | $245 | $245 | 3 years 1 month | low |
Payoff Strategies
Debt Avalanche
Pay minimums on all debts, extra goes to highest APR
Debt Snowball
Pay minimums on all debts, extra goes to smallest balance
Consolidation Loan
Combine debts into single loan at lower rate
AI Debt Insights
High Interest Alert
Your Chase Sapphire card has a 24.99% APR. Consider prioritizing this debt.
Balance Transfer Opportunity
You could save $180/month with a 0% APR balance transfer offer.
Extra Payment Impact
Adding $100/month to your credit card payment saves $1,200 in interest.