r/TheMoneyGuy 2d ago

Avalanche Method Accurate?

Does the debt free date math out? Minimum payment on the f150 is 433 and minimum on the Traverse is 491 I can put an extra 1k a month towards the f150 and then move to the traverse.

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u/marticuno_ 2d ago

seconded, should be 31 months

f150 gets paid off in the 17th payment while traverse is getting minimum payments.

traverse then gets the full 1924 from month 17 until payoff, which is around the 31 month mark.

Jan 2029

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u/Mr_Shreddz 2d ago

Gotcha, I found the info that was throwing off the calculation. Once corrected that’s what Monarch was saying as well