While we really like the idea of getting rid of debt, it does sound as if the approach you’re considering may in fact “overextend” you. The first step is to determine if this is doable, is to lay out all of your expenses and figure out if an $806 per month payment is manageable. Will it fit into your trimmed-down financial routine or require you to use more debt to make ends meet? If it works, go for it and you should be debt free in about a year and a half. No doubt that would feel great! We think you should attack your debts one at a time. For example, if you make the biggest payment you can to the highest interest rate debt while making the minimum payments on the others, you’ll see great progress! When that one’s knocked out, then switch to the next highest interest rate debt and keep that snowball rolling. Again, you should be able to eliminate all of your debts in short order. Good luck!