This strategy could help you pay MSG_INTEREST_SAVINGS in interest.

**GRAPH**

You owe a total of OUTSTANDING_BALANCE. Your current minimum monthly payment is MONTHLY_PAYMENT. If you continue to make the minimum payments the total interest paid will be INTEREST_CURRENT. It will take you CURRENT_PAYOFF to payoff this debt.

Using the Roll-Down method, your total payments would be NEW_MONTHLY_PAYMENT, which includes an additional ADDITIONAL_AMOUNT per month. This could help you pay MSG_INTEREST_SAVINGS in interest. In addition, the time it will take you to payoff your debt is reduced to NEW_PAYOFF. This analysis assumes that each month you apply your Roll-Down amount to MSG_METHOD.

Debt Summary
  Amount Owed Interest Rate Monthly Payment
Credit cards CC_OUTSTANDING_BALANCE CC_AVERAGE_RATE CC_MONTHLY_PAYMENT
Auto loans AUTO_OUTSTANDING_BALANCE AUTO_AVERAGE_RATE AUTO_MONTHLY_PAYMENT
Other loans OTHER_OUTSTANDING_BALANCE OTHER_AVERAGE_RATE OTHER_MONTHLY_PAYMENT
Totals OUTSTANDING_BALANCE AVERAGE_RATE MONTHLY_PAYMENT
Roll-Down Debt Details
  Amount
Owed
Interest
Rate
Current
Monthly Payment
Initial
Roll-Down
Monthly Payment*
Debt
Paid In
CREDIT_CARD_DETAILS
Total OUTSTANDING_BALANCE AVERAGE_RATE MONTHLY_PAYMENT NEW_MONTHLY_PAYMENT NEW_PAYOFF

* Please note that this amount may increase as additional debt balances are paid off.

Roll-down Payment Schedule

**REPEATING GROUP**

Have additional questions about your financial situation?

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