The Snowball Method and the Avalanche Method

Dave ramsey's method is you should have a target pay off of being able to pay off your debts an basically into around two years. So let's figure out what would be the st under this scenario if we did it that way. Under the snowball method, i can pay off my debts in 27 months. I would be the longest one paid off 27 months. If i do it under the avalanche method, then my total interest payments would be four thousand 986 dollars and 27 cents.