This is the method that results in the lowest total amount of interest paid over time, which means more money over the long run that stays in your pocket. (thesimpledollar.com)
Based on the three repayment methods for a specific example, we noted the following total amounts of interest paid whilst trying to get out of debt: (moneystepper.com)
Based on the three repayment methods in our example for Brian, we have the following total amounts of interest paid whilst trying to get out of debt: (moneystepper.com)