A8-Final Assignment Part B

Final Assignment Part B
As a financial planner, you have been asked by the bishop to help a family in the ward. You have met with Brother and Sister Hopeful and have asked them
to gather all of their financial information and present it to you. During the last meeting they expressed dispair concerning their situation and presented you
with the following information. They have expressed a sincere desire to put their financial life in order, no matter what sacrifices they have to make.
You have suggested a family council, and they have explained to their 3 children that everyone will be involved in learning correct principles for everyone's long term benefit.
During your previous visit you helped them cut up all of their credit cards. They have made a commitment to "pay as you go", but need help to know where to begin.
You have been asked to prepare a comprehensive financial plan that will help them now, as well as prepare them for retirement.
Brother and Sister Hopeful are both 35 years old.
Brother Hopeful has a good job and brings home $4,800 / month in net take home pay. He does have a profit sharing program where the company contributes to his 401k
in the amount of $150 / month. Sister Hopeful does a small part time job out of their home while the children are at school and brings home a net take home paycheck of $350 per month.
They currently have 2 cars. The older car is paid off, but they still have a payment of $200 / month on the new car for 28 more months at 7% APR. They own their home
but they have a first mortgage payment of $1,149.00 / month on the loan at 6% APR, and $582.82 / month payment on the 2nd mortgage at 9.5% APR.
When they purchased their home 8 years ago they made a substantial downpayment, and their home is currently worth $175,000.
The average monthly expenses that they have provided show the following: $450 / food, $155 / several lessons for each child, $30 / laundry, $20 / dry cleaning, $15 / gifts
$70 / life insurance, $200 / medical insurance, $120 / car insurance for both cars, $25 / internet, $95 / cable TV, $275 / all utilities, $75 home phone service,
$85 / cell phone program for both, $170 / gas for both cars, $85 / bowling league, $35 / newspaper, $30 / misc.
They pay $615 in tithing and offerings and $35 to other charities.
They have given you the following information concerning their debt. Because they cannot make all of their payments, they have been making minimum payments,
and in some cases, they have missed payments. They are always receiving debt collection phone calls and there is significant stress in their home.
Sister Hopeful's mother has made some of the payments for them, but her family is not very well off and can't help much longer.
Amount
$6,000.00
$1,000.00
$12,619.08
$19,225.00
$5,200.00
$1,969.78
$1,876.97
$49,612.40
$119,412.57
$216,915.80
APR %
12.0%
15.0%
11.0%
6.0%
7.0%
12.0%
15.0%
9.5%
6.0%
Current Payments
Payment Remaining Description
$158.00
48
Credit Card #1
$34.67
36
Credit Card #2
$274.37
60
Credit Card #3
$280.85
84
Credit Union Loan
$200.00
28
Car Loan
$92.72
24
Gas Credit Card
$65.07
36
Medical Bill
$582.82
142
2nd Mortgage
$1,149.00
147
1st Mortgage
$2,837.50
Total debt
After reading your written report, the bishop has asked you to serve on a ward council welfare committee to help this faithful family.
As a minimum, the committee has been asked to prepare a monthly budget of their current situation, a proposed budget to help them progress forward, and a detailed plan to
eliminate all of their debt and prepare them for retirement.
You will receive up to 5 points for the budget of their current situation, up to 10 points for a proposed budget along with suggested changes to meet your plans,
and you will receive up to 10 points for a detailed plan to eliminate their debt and establish a retirement plan (5 + 10 + 10 = 25 points total).
Submit all of your completed spreadsheet for grading.
278985638.xlsx, 08/10/2015
Current Budget
Name Krista Coombs, Kathy Culbertson, Alan Aguirre, Fresia Ponce
Section
5
Income
Net Income - Br. Hopeful
Net Income - Sis. Hopeful
Combined Net Income
Expenses
Tithing & Offering
Other Charities
1st Mortgage (6%APR)
2nd Mortgage (9.5%APR)
Credit Card #1
Credit Card #2
Credit Card #3
Credit Union Loan
Gas Credit Card
Medical Bill
Laundry
Dry Cleaners
Gifts
Life Insurance
Medical Ins
Auto Payment (2nd car: 28months @ 7%)
Car Ins (for both cars)
Gas (for both cars)
Utilities
Internet
Cable/TV
Home Phone
Cell Phone (for both)
Food
Lessons for kids
Bowling League
Newspaper
Misc.
Total Expenses
BEFORE AFTER
$4,800.00 $4,800.00
$350.00
$350.00
$5,150.00 $5,150.00
$615.00
$615.00
$35.00
Cut: You already pay offering with your tithing
$1,149.00 $1,149.00
$582.82
$582.82
$158.00
$158.00
$34.67
$34.67
$274.37
$274.37
$280.85
$280.85
$92.72
$92.72
$65.07
$65.07
$30.00
Cut: You can do laundry at home
$20.00
Cut: Do your own laundry/dry cleaning at hom
$15.00
$15.00
$70.00
$70.00
$200.00
$200.00
$200.00
$200.00
$120.00
$120.00
$170.00
$170.00
$275.00
$275.00
$25.00
$25.00
$95.00
$20.00 Decrease: You can subscribe to Netflix or us
$75.00
$20.00 Decrease: Get the most basic plan since you
$85.00
$85.00
$450.00
$450.00
$155.00
$155.00
$85.00
Cut: Sorry, but you are in major debt. You ne
$35.00
Cut: You can get all that information on the in
$30.00
$30.00
$5,422.50 $5,087.50
Surplus / (Deficit)
-$272.50
$62.50
Total Savings/(Debt)
-$272.50
$62.50
ulbertson, Alan Aguirre, Fresia Ponce
Cut: You already pay offering with your tithing; need to use this money to pay debt
Cut: You can do laundry at home

Cut: Do your own laundry/dry cleaning at home using the "Drying Cleaning System" found at local retail stores
Decrease: You can subscribe to Netflix or use other equipment that provides free channels
Decrease: Get the most basic plan since you both have cell phones
Cut: Sorry, but you are in major debt. You need to cut in order to pay your bills.
Cut: You can get all that information on the internet for free
Listing of all debts

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
15.0%
15.0%
12.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%
Total Debt
Principal
$1,000.00
$1,876.97
$1,969.78
$5,200.00
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57
# of Pmts
36
36
24
28
48
60
84
142
147
$216,915.80
Monthly Income Needed???

Annual Income Needed???
How many years to get completely out of debt?
How much in the back when you complete 30 years of payments?
$ / mth
$34.67
$65.07
$92.72
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
Real Debt
$1,248.12
$2,342.52
$2,225.28
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$2,837.50
$310,716.96
$8,107.14
$97,285.71
1.
2.
3.
4.
Develop a budget
Cut up the credit cards
Find an extra $50 / month
Put together a "roll over plan"

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
15.0%
15.0%
12.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%
Total Debt
Principal
$1,000.00
$1,876.97
$1,969.78
$5,200.00
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57
# of Pmts
36
36
24
28
48
60
84
142
147
$216,915.80

$ / mth
$34.67
$65.07
$92.72
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
Real Debt
$1,248.12
$2,342.52
$2,225.28
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$2,837.50
$310,716.96
$8,107.14
$97,285.71
First Debt = $34.67 + $62.50 = $97.17

Month
1
2
3
4
5
6
7
8
9
10
11
12
15.0%
$1,000.00
Payment
Interest Principal Remaining Balance
$97.17
$12.50
$84.67
$915.33
$97.17
$11.44
$85.73
$829.60
$97.17
$10.37
$86.80
$742.80
$97.17
$9.29
$87.88
$654.92
$97.17
$8.19
$88.98
$565.93
$97.17
$7.07
$90.10
$475.84
$97.17
$5.95
$91.22
$384.62
$97.17
$4.81
$92.36
$292.25
$97.17
$3.65
$93.52
$198.74
$97.17
$2.48
$94.69
$104.05
$97.17
$1.30
$95.87
$8.18
$8.28
$0.10
$8.18
$0.00
$88.89 (money leftover from last payment that can be used for the next debt)

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Second Debt, after 12 m
Rate
Principal # of Pmts
$ / mth
Real Debt Month Payment
15.0%
$1,000.00
36
$34.67
$1,248.12
1
$65.07
15.0%
$1,876.97
36
$65.07
$2,342.52
2
$65.07
12.0%
$1,969.78
24
$92.72
$2,225.28
3
$65.07
7.0%
$5,200.00
28 $200.00
$5,600.00
4
$65.07
12.0%
$6,000.00
48 $158.00
$7,584.00
5
$65.07
11.0% $12,619.08
60 $274.37 $16,462.20
6
$65.07
6.0% $19,225.00
84 $280.85 $23,591.40
7
$65.07
9.5% $49,612.40
142 $582.82 $82,760.44
8
$65.07
6.0% $119,412.57
147 $1,149.00 $168,903.00
9
$65.07
10
$65.07
Total Debt
$216,915.80
$2,837.50 $310,716.96 11
$65.07
12
$153.96
$8,107.14
13
$162.24
$97,285.71
14
$162.24
15
$162.24
16
$162.24
17
$162.24
18
$162.24
19
$162.24
20
$162.24
21
$28.11
$134.13
Second Debt, after 12 mths payment goes to $65.07 + $97.17 = $162.24

15.0%
$1,876.97
$23.46 $41.61
$1,835.36
$22.94 $42.13
$1,793.23
$22.42 $42.65
$1,750.58
$21.88 $43.19
$1,707.39
$21.34 $43.73
$1,663.66
$20.80 $44.27
$1,619.39
$20.24 $44.83
$1,574.56
$19.68 $45.39
$1,529.17
$19.11 $45.96
$1,483.22
$18.54 $46.53
$1,436.69
$17.96 $47.11
$1,389.58
$17.37 $136.59
$1,252.99
$15.66 $146.58
$1,106.41
$13.83 $148.41
$958.00
$11.98 $150.26
$807.74
$10.10 $152.14
$655.60
$8.19 $154.05
$501.55
$6.27 $155.97
$345.58
$4.32 $157.92
$187.66
$2.35 $159.89
$27.77
$0.35 $27.77
$0.00
(money leftover from last payment that can be used for the next debt)

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
Principal # of Pmts
$ / mth
Real Debt Month
15.0%
$1,000.00
36
$34.67
$1,248.12
1
15.0%
$1,876.97
36
$65.07
$2,342.52
2
12.0%
$1,969.78
24
$92.72
$2,225.28
3
7.0%
$5,200.00
28 $200.00
$5,600.00
4
12.0%
$6,000.00
48 $158.00
$7,584.00
5
11.0% $12,619.08
60 $274.37 $16,462.20
6
6.0% $19,225.00
84 $280.85 $23,591.40
7
9.5% $49,612.40
142 $582.82 $82,760.44
8
6.0% $119,412.57
147 $1,149.00 $168,903.00
9
10
Total Debt
$216,915.80
$2,837.50 $310,716.96 11
12
$8,107.14
13
$97,285.71
14
15
16
17
18
19
20
21
22
3rd Debt, after 21 mth

Payment
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$92.72
$226.85
$140.06
$114.90
rd Debt, after 21 mths payment goes to $92.72 + $162.24 = $254.96

12.0%
$1,969.78
$19.70 $73.02
$1,896.76
$18.97 $73.75
$1,823.01
$18.23 $74.49
$1,748.52
$17.49 $75.23
$1,673.28
$16.73 $75.99
$1,597.29
$15.97 $76.75
$1,520.55
$15.21 $77.51
$1,443.03
$14.43 $78.29
$1,364.74
$13.65 $79.07
$1,285.67
$12.86 $79.86
$1,205.81
$12.06 $80.66
$1,125.14
$11.25 $81.47
$1,043.68
$10.44 $82.28
$961.39
$9.61 $83.11
$878.29
$8.78 $83.94
$794.35
$7.94 $84.78
$709.57
$7.10 $85.62
$623.95
$6.24 $86.48
$537.47
$5.37 $87.35
$450.12
$4.50 $88.22
$361.90
$3.62 $223.23
$138.68
$1.39 $138.68
$0.00

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
Principal # of Pmts
$ / mth
Real Debt Month
15.0%
$1,000.00
36
$34.67
$1,248.12
1
15.0%
$1,876.97
36
$65.07
$2,342.52
2
12.0%
$1,969.78
24
$92.72
$2,225.28
3
7.0%
$5,200.00
28 $200.00
$5,600.00
4
12.0%
$6,000.00
48 $158.00
$7,584.00
5
11.0% $12,619.08
60 $274.37 $16,462.20
6
6.0% $19,225.00
84 $280.85 $23,591.40
7
9.5% $49,612.40
142 $582.82 $82,760.44
8
6.0% $119,412.57
147 $1,149.00 $168,903.00
9
10
Total Debt
$216,915.80
$2,837.50 $310,716.96 11
12
$8,107.14
13
$97,285.71
14
15
16
17
18
19
20
21
22
23
24
25
4th Debt, after 22 mths p

Payment
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$314.90
$454.96
$454.96
$216.39
$238.57
th Debt, after 22 mths payment goes to $200.00 + $254.96 = $454.96

7.0%
$5,200.00
$30.33 $169.67
$5,030.33
$29.34 $170.66
$4,859.68
$28.35 $171.65
$4,688.03
$27.35 $172.65
$4,515.37
$26.34 $173.66
$4,341.71
$25.33 $174.67
$4,167.04
$24.31 $175.69
$3,991.35
$23.28 $176.72
$3,814.63
$22.25 $177.75
$3,636.88
$21.22 $178.78
$3,458.10
$20.17 $179.83
$3,278.27
$19.12 $180.88
$3,097.39
$18.07 $181.93
$2,915.46
$17.01 $182.99
$2,732.47
$15.94 $184.06
$2,548.41
$14.87 $185.13
$2,363.27
$13.79 $186.21
$2,177.06
$12.70 $187.30
$1,989.76
$11.61 $188.39
$1,801.36
$10.51 $189.49
$1,611.87
$9.40 $190.60
$1,421.27
$8.29 $306.61
$1,114.67
$6.50 $448.46
$666.21
$3.89 $451.07
$215.14
$1.25 $215.14
$0.00

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
Principal # of Pmts
$ / mth
Real Debt Month
15.0%
$1,000.00
36
$34.67
$1,248.12
1
15.0%
$1,876.97
36
$65.07
$2,342.52
2
12.0%
$1,969.78
24
$92.72
$2,225.28
3
7.0%
$5,200.00
28 $200.00
$5,600.00
4
12.0%
$6,000.00
48 $158.00
$7,584.00
5
11.0% $12,619.08
60 $274.37 $16,462.20
6
6.0% $19,225.00
84 $280.85 $23,591.40
7
9.5% $49,612.40
142 $582.82 $82,760.44
8
6.0% $119,412.57
147 $1,149.00 $168,903.00
9
10
Total Debt
$216,915.80
$2,837.50 $310,716.96 11
12
$8,107.14
13
$97,285.71
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
5th Debt: After 25 mths

Payment
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$158.00
$396.57
$612.96
$612.96
$612.96
$612.96
$612.96
$19.78
$593.18
th Debt: After 25 mths payment goes to $158 + $454.96 = $612.96

12.0%
$6,000.00
$60.00
$98.00
$5,902.00
$59.02
$98.98
$5,803.02
$58.03
$99.97
$5,703.05
$57.03
$100.97
$5,602.08
$56.02
$101.98
$5,500.10
$55.00
$103.00
$5,397.10
$53.97
$104.03
$5,293.07
$52.93
$105.07
$5,188.00
$51.88
$106.12
$5,081.88
$50.82
$107.18
$4,974.70
$49.75
$108.25
$4,866.45
$48.66
$109.34
$4,757.11
$47.57
$110.43
$4,646.69
$46.47
$111.53
$4,535.15
$45.35
$112.65
$4,422.50
$44.23
$113.77
$4,308.73
$43.09
$114.91
$4,193.82
$41.94
$116.06
$4,077.75
$40.78
$117.22
$3,960.53
$39.61
$118.39
$3,842.14
$38.42
$119.58
$3,722.56
$37.23
$120.77
$3,601.78
$36.02
$121.98
$3,479.80
$34.80
$123.20
$3,356.60
$33.57
$363.00
$2,993.60
$29.94
$583.02
$2,410.57
$24.11
$588.85
$1,821.72
$18.22
$594.74
$1,226.98
$12.27
$600.69
$626.29
$6.26
$606.70
$19.59
$0.20
$19.59
$0.00

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
Principal # of Pmts
$ / mth
Real Debt Month
15.0%
$1,000.00
36
$34.67
$1,248.12
1
15.0%
$1,876.97
36
$65.07
$2,342.52
2
12.0%
$1,969.78
24
$92.72
$2,225.28
3
7.0%
$5,200.00
28 $200.00
$5,600.00
4
12.0%
$6,000.00
48 $158.00
$7,584.00
5
11.0% $12,619.08
60 $274.37 $16,462.20
6
6.0% $19,225.00
84 $280.85 $23,591.40
7
9.5% $49,612.40
142 $582.82 $82,760.44
8
6.0% $119,412.57
147 $1,149.00 $168,903.00
9
10
Total Debt
$216,915.80
$2,837.50 $310,716.96 11
12
$8,107.14
13
$97,285.71
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
6th Debt: After 31 mths

Payment
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$274.37
$867.55
$887.33
$887.33
$887.33
$887.33
$887.33
$887.33
$887.33
$404.74
$482.59
th Debt: After 31 mths payment goes to $274.37 + $612.96 = $887.33

11.0%
$12,619.08
$115.67
$158.70
$12,460.38
$114.22
$160.15
$12,300.24
$112.75
$161.62
$12,138.62
$111.27
$163.10
$11,975.52
$109.78
$164.59
$11,810.92
$108.27
$166.10
$11,644.82
$106.74
$167.63
$11,477.19
$105.21
$169.16
$11,308.03
$103.66
$170.71
$11,137.32
$102.09
$172.28
$10,965.04
$100.51
$173.86
$10,791.18
$98.92
$175.45
$10,615.73
$97.31
$177.06
$10,438.67
$95.69
$178.68
$10,259.99
$94.05
$180.32
$10,079.67
$92.40
$181.97
$9,897.70
$90.73
$183.64
$9,714.06
$89.05
$185.32
$9,528.73
$87.35
$187.02
$9,341.71
$85.63
$188.74
$9,152.97
$83.90
$190.47
$8,962.50
$82.16
$192.21
$8,770.29
$80.39
$193.98
$8,576.32
$78.62
$195.75
$8,380.56
$76.82
$197.55
$8,183.01
$75.01
$199.36
$7,983.65
$73.18
$201.19
$7,782.47
$71.34
$203.03
$7,579.44
$69.48
$204.89
$7,374.55
$67.60
$206.77
$7,167.78
$65.70
$801.84
$6,365.93
$58.35
$828.98
$5,536.96
$50.76
$836.57
$4,700.38
$43.09
$844.24
$3,856.14
$35.35
$851.98
$3,004.16
$27.54
$859.79
$2,144.37
$19.66
$867.67
$1,276.69
$11.70
$875.63
$401.07
$3.68
$401.07
$0.00

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
Principal # of Pmts
$ / mth
Real Debt Month
15.0%
$1,000.00
36
$34.67
$1,248.12
1
15.0%
$1,876.97
36
$65.07
$2,342.52
2
12.0%
$1,969.78
24
$92.72
$2,225.28
3
7.0%
$5,200.00
28 $200.00
$5,600.00
4
12.0%
$6,000.00
48 $158.00
$7,584.00
5
11.0% $12,619.08
60 $274.37 $16,462.20
6
6.0% $19,225.00
84 $280.85 $23,591.40
7
9.5% $49,612.40
142 $582.82 $82,760.44
8
6.0% $119,412.57
147 $1,149.00 $168,903.00
9
10
Total Debt
$216,915.80
$2,837.50 $310,716.96
11
12
$8,107.14
13
$97,285.71
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
After 39 mths paymen

Payment
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$763.44
$1,168.18
$1,168.18
42
43
44
45
46
47
48
49
$1,168.18
$1,168.18
$1,168.18
$1,168.18
$1,168.18
$1,168.18
$1,168.18
$582.37
$585.81
After 39 mths payment goes to $280.85 + $887.33 = $1168.18

6.0%
Interest Principal
$96.13
$184.73
$95.20
$185.65
$94.27
$186.58
$93.34
$187.51
$92.40
$188.45
$91.46
$189.39
$90.51
$190.34
$89.56
$191.29
$88.61
$192.24
$87.64
$193.21
$86.68
$194.17
$85.71
$195.14
$84.73
$196.12
$83.75
$197.10
$82.77
$198.08
$81.78
$199.07
$80.78
$200.07
$79.78
$201.07
$78.77
$202.08
$77.76
$203.09
$76.75
$204.10
$75.73
$205.12
$74.70
$206.15
$73.67
$207.18
$72.64
$208.21
$71.59
$209.26
$70.55
$210.30
$69.50
$211.35
$68.44
$212.41
$67.38
$213.47
$66.31
$214.54
$65.24
$215.61
$64.16
$216.69
$63.08
$217.77
$61.99
$218.86
$60.89
$219.96
$59.79
$221.06
$58.69
$222.16
$57.58
$705.86
$54.05 $1,114.13
$48.48 $1,119.70
$19,225.00
Remaining Balance
$19,040.28
$18,854.63
$18,668.05
$18,480.54
$18,292.09
$18,102.70
$17,912.37
$17,721.08
$17,528.83
$17,335.63
$17,141.46
$16,946.31
$16,750.19
$16,553.10
$16,355.01
$16,155.94
$15,955.87
$15,754.80
$15,552.72
$15,349.63
$15,145.53
$14,940.41
$14,734.26
$14,527.08
$14,318.87
$14,109.61
$13,899.31
$13,687.96
$13,475.55
$13,262.07
$13,047.53
$12,831.92
$12,615.23
$12,397.46
$12,178.60
$11,958.64
$11,737.58
$11,515.42
$10,809.56
$9,695.43
$8,575.72
$42.88 $1,125.30
$7,450.42
$37.25 $1,130.93
$6,319.49
$31.60 $1,136.58
$5,182.91
$25.91 $1,142.27
$4,040.65
$20.20 $1,147.98
$2,892.67
$14.46 $1,153.72
$1,738.95
$8.69 $1,159.49
$579.47
$2.90
$579.47
$0.00

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
Principal # of Pmts
$ / mth
Real Debt Month
15.0%
$1,000.00
36
$34.67
$1,248.12
1
15.0%
$1,876.97
36
$65.07
$2,342.52
2
12.0%
$1,969.78
24
$92.72
$2,225.28
3
7.0%
$5,200.00
28 $200.00
$5,600.00
4
12.0%
$6,000.00
48 $158.00
$7,584.00
5
11.0% $12,619.08
60 $274.37 $16,462.20
6
6.0% $19,225.00
84 $280.85 $23,591.40
7
9.5% $49,612.40
142 $582.82 $82,760.44
8
6.0% $119,412.57
147 $1,149.00 $168,903.00
9
10
Total Debt
$216,915.80
$2,837.50 $310,716.96
11
12
$8,107.14
13
$97,285.71
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
8th Debt: After 49 mt

Payment
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$1,168.63
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,751.00
$1,228.29
$522.71
th Debt: After 49 mths payment goes to $582.82 + $1168.18 = $1751.00

9.5%
Interest
$392.76
$391.26
$389.74
$388.22
$386.67
$385.12
$383.56
$381.98
$380.39
$378.79
$377.17
$375.54
$373.90
$372.25
$370.58
$368.90
$367.21
$365.50
$363.78
$362.05
$360.30
$358.54
$356.76
$354.97
$353.17
$351.35
$349.52
$347.67
$345.81
$343.93
$342.04
$340.13
$338.21
$336.28
$334.33
$332.36
$330.38
$328.38
$326.36
$324.33
$322.29
Principal
$190.06
$191.56
$193.08
$194.60
$196.15
$197.70
$199.26
$200.84
$202.43
$204.03
$205.65
$207.28
$208.92
$210.57
$212.24
$213.92
$215.61
$217.32
$219.04
$220.77
$222.52
$224.28
$226.06
$227.85
$229.65
$231.47
$233.30
$235.15
$237.01
$238.89
$240.78
$242.69
$244.61
$246.54
$248.49
$250.46
$252.44
$254.44
$256.46
$258.49
$260.53
$49,612.40
Remaining Balance
$49,422.34
$49,230.79
$49,037.71
$48,843.10
$48,646.96
$48,449.26
$48,250.00
$48,049.16
$47,846.73
$47,642.69
$47,437.04
$47,229.77
$47,020.85
$46,810.28
$46,598.04
$46,384.12
$46,168.51
$45,951.19
$45,732.15
$45,511.37
$45,288.85
$45,064.57
$44,838.51
$44,610.66
$44,381.01
$44,149.54
$43,916.24
$43,681.09
$43,444.08
$43,205.19
$42,964.41
$42,721.72
$42,477.12
$42,230.57
$41,982.08
$41,731.62
$41,479.17
$41,224.73
$40,968.27
$40,709.78
$40,449.25
$320.22
$262.60
$40,186.65
$318.14
$264.68
$39,921.98
$316.05
$266.77
$39,655.21
$313.94
$268.88
$39,386.32
$311.81
$271.01
$39,115.31
$309.66
$273.16
$38,842.16
$307.50
$275.32
$38,566.84
$305.32
$863.31
$37,703.52
$298.49 $1,452.51
$36,251.01
$286.99 $1,464.01
$34,787.00
$275.40 $1,475.60
$33,311.39
$263.72 $1,487.28
$31,824.11
$251.94 $1,499.06
$30,325.05
$240.07 $1,510.93
$28,814.12
$228.11 $1,522.89
$27,291.23
$216.06 $1,534.94
$25,756.29
$203.90 $1,547.10
$24,209.19
$191.66 $1,559.34
$22,649.85
$179.31 $1,571.69
$21,078.16
$166.87 $1,584.13
$19,494.03
$154.33 $1,596.67
$17,897.36
$141.69 $1,609.31
$16,288.04
$128.95 $1,622.05
$14,665.99
$116.11 $1,634.89
$13,031.10
$103.16 $1,647.84
$11,383.26
$90.12 $1,660.88
$9,722.38
$76.97 $1,674.03
$8,048.35
$63.72 $1,687.28
$6,361.06
$50.36 $1,700.64
$4,660.42
$36.89 $1,714.11
$2,946.32
$23.32 $1,727.68
$1,218.64
$9.65 $1,218.64
$0.00

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
Principal # of Pmts
15.0%
$1,000.00
36
15.0%
$1,876.97
36
12.0%
$1,969.78
24
7.0%
$5,200.00
28
12.0%
$6,000.00
48
11.0% $12,619.08
60
6.0% $19,225.00
84
9.5% $49,612.40
142
6.0% $119,412.57
147
$ / mth
Real Debt Month
$34.67
$1,248.12
1
$65.07
$2,342.52
2
$92.72
$2,225.28
3
$200.00
$5,600.00
4
$158.00
$7,584.00
5
$274.37 $16,462.20
6
$280.85 $23,591.40
7
$582.82 $82,760.44
8
$1,149.00 $168,903.00
9
10
Total Debt
$216,915.80
$2,837.50 $310,716.96
11
12
$8,107.14
13
$97,285.71
14
15
8.25 YEARS
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
9th Debt: After 73 m

Payment
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,671.71
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
FINISHED
87
88
89
90
91
92
93
94
95
96
97
98
99
8.25
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,749.21
YEARS
th Debt: After 73 mths payment goes to $1149 + $1751 = $2900

6.0%
Interest
$597.06
$594.30
$591.53
$588.74
$585.94
$583.13
$580.30
$577.45
$574.60
$571.72
$568.84
$565.94
$563.02
$560.09
$557.15
$554.19
$551.21
$548.22
$545.22
$542.20
$539.17
$536.12
$533.05
$529.97
$526.88
$523.77
$520.64
$517.50
$514.34
$511.17
$507.98
$504.78
$501.55
$498.32
$495.06
$491.79
$488.51
$485.21
$481.89
$478.55
$475.20
Principal
$551.94
$554.70
$557.47
$560.26
$563.06
$565.87
$568.70
$571.55
$574.40
$577.28
$580.16
$583.06
$585.98
$588.91
$591.85
$594.81
$597.79
$600.78
$603.78
$606.80
$609.83
$612.88
$615.95
$619.03
$622.12
$625.23
$628.36
$631.50
$634.66
$637.83
$641.02
$644.22
$647.45
$650.68
$653.94
$657.21
$660.49
$663.79
$667.11
$670.45
$673.80
$119,412.57
Remaining Balance
$118,860.63
$118,305.94
$117,748.47
$117,188.21
$116,625.15
$116,059.27
$115,490.57
$114,919.02
$114,344.62
$113,767.34
$113,187.18
$112,604.11
$112,018.14
$111,429.23
$110,837.37
$110,242.56
$109,644.77
$109,044.00
$108,440.22
$107,833.42
$107,223.58
$106,610.70
$105,994.76
$105,375.73
$104,753.61
$104,128.38
$103,500.02
$102,868.52
$102,233.86
$101,596.03
$100,955.01
$100,310.78
$99,663.34
$99,012.66
$98,358.72
$97,701.51
$97,041.02
$96,377.22
$95,710.11
$95,039.66
$94,365.86
$471.83
$468.44
$465.04
$461.62
$458.18
$454.73
$451.26
$447.77
$444.26
$440.74
$437.20
$433.64
$430.06
$426.47
$422.86
$419.22
$415.58
$411.91
$408.22
$404.52
$400.80
$397.06
$393.30
$389.52
$385.72
$381.90
$378.07
$374.21
$370.34
$366.45
$362.53
$358.60
$352.04
$339.30
$326.49
$313.63
$300.69
$287.70
$274.64
$261.51
$248.32
$235.06
$221.73
$208.34
$194.88
$677.17
$680.56
$683.96
$687.38
$690.82
$694.27
$697.74
$701.23
$704.74
$708.26
$711.80
$715.36
$718.94
$722.53
$726.14
$729.78
$733.42
$737.09
$740.78
$744.48
$748.20
$751.94
$755.70
$759.48
$763.28
$767.10
$770.93
$774.79
$778.66
$782.55
$786.47
$1,313.11
$2,547.96
$2,560.70
$2,573.51
$2,586.37
$2,599.31
$2,612.30
$2,625.36
$2,638.49
$2,651.68
$2,664.94
$2,678.27
$2,691.66
$2,705.12
$93,688.69
$93,008.13
$92,324.17
$91,636.79
$90,945.98
$90,251.71
$89,553.97
$88,852.74
$88,148.00
$87,439.74
$86,727.94
$86,012.58
$85,293.64
$84,571.11
$83,844.97
$83,115.19
$82,381.77
$81,644.67
$80,903.90
$80,159.42
$79,411.21
$78,659.27
$77,903.57
$77,144.09
$76,380.81
$75,613.71
$74,842.78
$74,067.99
$73,289.33
$72,506.78
$71,720.31
$70,407.20
$67,859.24
$65,298.53
$62,725.03
$60,138.65
$57,539.35
$54,927.04
$52,301.68
$49,663.19
$47,011.50
$44,346.56
$41,668.29
$38,976.63
$36,271.52
$181.36
$167.76
$154.10
$140.37
$126.58
$112.71
$98.77
$84.77
$70.69
$56.54
$42.33
$28.04
$13.68
$2,718.64
$2,732.24
$2,745.90
$2,759.63
$2,773.42
$2,787.29
$2,801.23
$2,815.23
$2,829.31
$2,843.46
$2,857.67
$2,871.96
$2,735.53
$33,552.87
$30,820.64
$28,074.74
$25,315.12
$22,541.69
$19,754.40
$16,953.17
$14,137.94
$11,308.63
$8,465.17
$5,607.50
$2,735.53
$0.00
No Debt left. Money goes into an investment at 10.0%

Debt
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Rate
Principal # of Pmts
15.0%
$1,000.00
36
15.0%
$1,876.97
36
12.0%
$1,969.78
24
7.0%
$5,200.00
28
12.0%
$6,000.00
48
11.0% $12,619.08
60
6.0% $19,225.00
84
9.5% $49,612.40
142
6.0% $119,412.57
147
Total Debt
$216,915.80
$ / mth
$34.67
$65.07
$92.72
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50
$8,107.14
$97,285.71

8.25 YEARS
How much in the bank when you complete 30 years of payments?
Real Debt Month

$1,248.12 100
$2,342.52 101
$2,225.28 102
$5,600.00 103
$7,584.00 104
$16,462.20 105
$23,591.40 106
$82,760.44 107
$168,903.00 108
109
$310,716.96 110
111
112
113
114
115
$2,687,677.82 116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
More interest
than payment
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
After 99 mths payment of $2900 goes into an investment until month 360.
Payment
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
10.0%
$0.00
Interest Ttl Investment Ending Balance
$0.00
$2,900.00
$2,900.00
$24.17
$2,924.17
$5,824.17
$48.53
$2,948.53
$8,772.70
$73.11
$2,973.11
$11,745.81
$97.88
$2,997.88
$14,743.69
$122.86
$3,022.86
$17,766.55
$148.05
$3,048.05
$20,814.61
$173.46
$3,073.46
$23,888.06
$199.07
$3,099.07
$26,987.13
$224.89
$3,124.89
$30,112.02
$250.93
$3,150.93
$33,262.96
$277.19
$3,177.19
$36,440.15
$303.67
$3,203.67
$39,643.82
$330.37
$3,230.37
$42,874.18
$357.28
$3,257.28
$46,131.47
$384.43
$3,284.43
$49,415.89
$411.80
$3,311.80
$52,727.69
$439.40
$3,339.40
$56,067.09
$467.23
$3,367.23
$59,434.32
$495.29
$3,395.29
$62,829.60
$523.58
$3,423.58
$66,253.18
$552.11
$3,452.11
$69,705.29
$580.88
$3,480.88
$73,186.17
$609.88
$3,509.88
$76,696.05
$639.13
$3,539.13
$80,235.19
$668.63
$3,568.63
$83,803.81
$698.37
$3,598.37
$87,402.18
$728.35
$3,628.35
$91,030.53
$758.59
$3,658.59
$94,689.12
$789.08
$3,689.08
$98,378.20
$819.82
$3,719.82
$102,098.01
$850.82
$3,750.82
$105,848.83
$882.07
$3,782.07
$109,630.90
$913.59
$3,813.59
$113,444.49
$945.37
$3,845.37
$117,289.87
$977.42
$3,877.42
$121,167.28
$1,009.73
$3,909.73
$125,077.01
$1,042.31
$3,942.31
$129,019.32
$1,075.16
$3,975.16
$132,994.48
$1,108.29
$4,008.29
$137,002.77
$1,141.69
$4,041.69
$141,044.45
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$1,175.37
$1,209.33
$1,243.58
$1,278.11
$1,312.92
$1,348.03
$1,383.43
$1,419.13
$1,455.12
$1,491.41
$1,528.01
$1,564.91
$1,602.11
$1,639.63
$1,677.46
$1,715.61
$1,754.07
$1,792.86
$1,831.96
$1,871.40
$1,911.16
$1,951.25
$1,991.68
$2,032.44
$2,073.55
$2,114.99
$2,156.78
$2,198.92
$2,241.41
$2,284.26
$2,327.46
$2,371.02
$2,414.95
$2,459.24
$2,503.90
$2,548.93
$2,594.34
$2,640.13
$2,686.29
$2,732.85
$2,779.79
$2,827.12
$2,874.84
$2,922.97
$2,971.49
$4,075.37
$4,109.33
$4,143.58
$4,178.11
$4,212.92
$4,248.03
$4,283.43
$4,319.13
$4,355.12
$4,391.41
$4,428.01
$4,464.91
$4,502.11
$4,539.63
$4,577.46
$4,615.61
$4,654.07
$4,692.86
$4,731.96
$4,771.40
$4,811.16
$4,851.25
$4,891.68
$4,932.44
$4,973.55
$5,014.99
$5,056.78
$5,098.92
$5,141.41
$5,184.26
$5,227.46
$5,271.02
$5,314.95
$5,359.24
$5,403.90
$5,448.93
$5,494.34
$5,540.13
$5,586.29
$5,632.85
$5,679.79
$5,727.12
$5,774.84
$5,822.97
$5,871.49
$145,119.83
$149,229.16
$153,372.73
$157,550.84
$161,763.76
$166,011.79
$170,295.23
$174,614.35
$178,969.47
$183,360.89
$187,788.89
$192,253.80
$196,755.91
$201,295.55
$205,873.01
$210,488.62
$215,142.69
$219,835.55
$224,567.51
$229,338.91
$234,150.06
$239,001.31
$243,892.99
$248,825.43
$253,798.98
$258,813.97
$263,870.75
$268,969.68
$274,111.09
$279,295.35
$284,522.81
$289,793.83
$295,108.78
$300,468.02
$305,871.92
$311,320.85
$316,815.19
$322,355.32
$327,941.62
$333,574.46
$339,254.25
$344,981.37
$350,756.21
$356,579.18
$362,450.67
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$3,020.42
$3,069.76
$3,119.51
$3,169.67
$3,220.25
$3,271.25
$3,322.68
$3,374.54
$3,426.82
$3,479.55
$3,532.71
$3,586.32
$3,640.37
$3,694.87
$3,749.83
$3,805.24
$3,861.12
$3,917.46
$3,974.28
$4,031.56
$4,089.32
$4,147.57
$4,206.30
$4,265.52
$4,325.23
$4,385.44
$4,446.15
$4,507.37
$4,569.10
$4,631.34
$4,694.10
$4,757.39
$4,821.20
$4,885.54
$4,950.42
$5,015.84
$5,081.81
$5,148.32
$5,215.39
$5,283.02
$5,351.21
$5,419.97
$5,489.30
$5,559.21
$5,629.71
$5,920.42
$5,969.76
$6,019.51
$6,069.67
$6,120.25
$6,171.25
$6,222.68
$6,274.54
$6,326.82
$6,379.55
$6,432.71
$6,486.32
$6,540.37
$6,594.87
$6,649.83
$6,705.24
$6,761.12
$6,817.46
$6,874.28
$6,931.56
$6,989.32
$7,047.57
$7,106.30
$7,165.52
$7,225.23
$7,285.44
$7,346.15
$7,407.37
$7,469.10
$7,531.34
$7,594.10
$7,657.39
$7,721.20
$7,785.54
$7,850.42
$7,915.84
$7,981.81
$8,048.32
$8,115.39
$8,183.02
$8,251.21
$8,319.97
$8,389.30
$8,459.21
$8,529.71
$368,371.10
$374,340.86
$380,360.36
$386,430.03
$392,550.28
$398,721.54
$404,944.22
$411,218.75
$417,545.57
$423,925.12
$430,357.83
$436,844.14
$443,384.51
$449,979.38
$456,629.21
$463,334.45
$470,095.58
$476,913.04
$483,787.31
$490,718.87
$497,708.20
$504,755.77
$511,862.06
$519,027.58
$526,252.81
$533,538.25
$540,884.40
$548,291.77
$555,760.87
$563,292.21
$570,886.31
$578,543.70
$586,264.90
$594,050.44
$601,900.86
$609,816.70
$617,798.51
$625,846.83
$633,962.22
$642,145.24
$650,396.45
$658,716.42
$667,105.72
$675,564.93
$684,094.64
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$5,700.79
$5,772.46
$5,844.73
$5,917.61
$5,991.09
$6,065.18
$6,139.89
$6,215.22
$6,291.18
$6,367.77
$6,445.00
$6,522.88
$6,601.40
$6,680.58
$6,760.42
$6,840.92
$6,922.10
$7,003.95
$7,086.48
$7,169.70
$7,253.62
$7,338.23
$7,423.55
$7,509.58
$7,596.32
$7,683.79
$7,771.99
$7,860.93
$7,950.60
$8,041.02
$8,132.20
$8,224.13
$8,316.83
$8,410.31
$8,504.56
$8,599.60
$8,695.43
$8,792.06
$8,889.49
$8,987.74
$9,086.80
$9,186.69
$9,287.41
$9,388.97
$9,491.38
$8,600.79
$8,672.46
$8,744.73
$8,817.61
$8,891.09
$8,965.18
$9,039.89
$9,115.22
$9,191.18
$9,267.77
$9,345.00
$9,422.88
$9,501.40
$9,580.58
$9,660.42
$9,740.92
$9,822.10
$9,903.95
$9,986.48
$10,069.70
$10,153.62
$10,238.23
$10,323.55
$10,409.58
$10,496.32
$10,583.79
$10,671.99
$10,760.93
$10,850.60
$10,941.02
$11,032.20
$11,124.13
$11,216.83
$11,310.31
$11,404.56
$11,499.60
$11,595.43
$11,692.06
$11,789.49
$11,887.74
$11,986.80
$12,086.69
$12,187.41
$12,288.97
$12,391.38
$692,695.43
$701,367.89
$710,112.62
$718,930.23
$727,821.31
$736,786.49
$745,826.38
$754,941.60
$764,132.78
$773,400.55
$782,745.56
$792,168.44
$801,669.84
$811,250.42
$820,910.84
$830,651.77
$840,473.86
$850,377.81
$860,364.30
$870,434.00
$880,587.61
$890,825.84
$901,149.39
$911,558.97
$922,055.30
$932,639.09
$943,311.08
$954,072.01
$964,922.61
$975,863.63
$986,895.83
$998,019.96
$1,009,236.79
$1,020,547.10
$1,031,951.66
$1,043,451.26
$1,055,046.68
$1,066,738.74
$1,078,528.23
$1,090,415.96
$1,102,402.76
$1,114,489.45
$1,126,676.86
$1,138,965.84
$1,151,357.22
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$9,594.64
$9,698.77
$9,803.76
$9,909.62
$10,016.37
$10,124.00
$10,232.54
$10,341.97
$10,452.32
$10,563.59
$10,675.79
$10,788.92
$10,903.00
$11,018.02
$11,134.00
$11,250.95
$11,368.88
$11,487.79
$11,607.68
$11,728.58
$11,850.49
$11,973.41
$12,097.35
$12,222.33
$12,348.35
$12,475.42
$12,603.55
$12,732.74
$12,863.02
$12,994.38
$13,126.83
$13,260.39
$13,395.06
$13,530.85
$13,667.77
$13,805.84
$13,945.05
$14,085.43
$14,226.97
$14,369.70
$14,513.61
$14,658.72
$14,805.05
$14,952.59
$15,101.36
$12,494.64
$12,598.77
$12,703.76
$12,809.62
$12,916.37
$13,024.00
$13,132.54
$13,241.97
$13,352.32
$13,463.59
$13,575.79
$13,688.92
$13,803.00
$13,918.02
$14,034.00
$14,150.95
$14,268.88
$14,387.79
$14,507.68
$14,628.58
$14,750.49
$14,873.41
$14,997.35
$15,122.33
$15,248.35
$15,375.42
$15,503.55
$15,632.74
$15,763.02
$15,894.38
$16,026.83
$16,160.39
$16,295.06
$16,430.85
$16,567.77
$16,705.84
$16,845.05
$16,985.43
$17,126.97
$17,269.70
$17,413.61
$17,558.72
$17,705.05
$17,852.59
$18,001.36
$1,163,851.86
$1,176,450.63
$1,189,154.38
$1,201,964.00
$1,214,880.37
$1,227,904.37
$1,241,036.91
$1,254,278.88
$1,267,631.21
$1,281,094.80
$1,294,670.59
$1,308,359.51
$1,322,162.51
$1,336,080.53
$1,350,114.53
$1,364,265.49
$1,378,534.37
$1,392,922.15
$1,407,429.84
$1,422,058.42
$1,436,808.91
$1,451,682.32
$1,466,679.67
$1,481,802.00
$1,497,050.35
$1,512,425.77
$1,527,929.32
$1,543,562.06
$1,559,325.08
$1,575,219.45
$1,591,246.28
$1,607,406.67
$1,623,701.72
$1,640,132.57
$1,656,700.34
$1,673,406.18
$1,690,251.23
$1,707,236.66
$1,724,363.63
$1,741,633.33
$1,759,046.94
$1,776,605.66
$1,794,310.71
$1,812,163.30
$1,830,164.66
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$2,900.00
$15,251.37
$15,402.63
$15,555.16
$15,708.95
$15,864.02
$16,020.39
$16,178.06
$16,337.04
$16,497.35
$16,659.00
$16,821.99
$16,986.34
$17,152.06
$17,319.16
$17,487.65
$17,657.55
$17,828.86
$18,001.60
$18,175.78
$18,351.41
$18,528.51
$18,707.08
$18,887.14
$19,068.70
$19,251.77
$19,436.37
$19,622.51
$19,810.19
$19,999.44
$20,190.27
$20,382.69
$20,576.71
$20,772.35
$20,969.62
$21,168.54
$21,369.11
$21,571.35
$21,775.28
$21,980.91
$22,188.25
$18,151.37
$18,302.63
$18,455.16
$18,608.95
$18,764.02
$18,920.39
$19,078.06
$19,237.04
$19,397.35
$19,559.00
$19,721.99
$19,886.34
$20,052.06
$20,219.16
$20,387.65
$20,557.55
$20,728.86
$20,901.60
$21,075.78
$21,251.41
$21,428.51
$21,607.08
$21,787.14
$21,968.70
$22,151.77
$22,336.37
$22,522.51
$22,710.19
$22,899.44
$23,090.27
$23,282.69
$23,476.71
$23,672.35
$23,869.62
$24,068.54
$24,269.11
$24,471.35
$24,675.28
$24,880.91
$25,088.25
$1,848,316.03
$1,866,618.67
$1,885,073.82
$1,903,682.77
$1,922,446.79
$1,941,367.18
$1,960,445.24
$1,979,682.29
$1,999,079.64
$2,018,638.64
$2,038,360.62
$2,058,246.96
$2,078,299.02
$2,098,518.18
$2,118,905.83
$2,139,463.38
$2,160,192.24
$2,181,093.84
$2,202,169.62
$2,223,421.04
$2,244,849.55
$2,266,456.63
$2,288,243.76
$2,310,212.46
$2,332,364.23
$2,354,700.60
$2,377,223.11
$2,399,933.30
$2,422,832.74
$2,445,923.02
$2,469,205.71
$2,492,682.42
$2,516,354.78
$2,540,224.40
$2,564,292.94
$2,588,562.04
$2,613,033.39
$2,637,708.67
$2,662,589.58
$2,687,677.82

A8-Final Assignment Part B

Încărcat de

Informații document

Descriere originală:

Titlu original

Drepturi de autor

Formate disponibile

Partajați acest document

Partajați sau inserați document

Opțiuni de partajare

Vi se pare util acest document?

Este necorespunzător acest conținut?

Drepturi de autor:

Formate disponibile

A8-Final Assignment Part B

Încărcat de

Drepturi de autor:

Formate disponibile

Final Assignment Part B

ulbertson, Alan Aguirre, Fresia Ponce

Cut: You can do laundry at home

Listing of all debts

Monthly Income Needed???

Listing of all debts

Monthly Income Needed???

First Debt = $34.67 + $62.50 = $97.17

Listing of all debts

Second Debt, after 12 m

Second Debt, after 12 mths payment goes to $65.07 + $97.17 = $162.24

Listing of all debts

3rd Debt, after 21 mth

rd Debt, after 21 mths payment goes to $92.72 + $162.24 = $254.96

Listing of all debts

4th Debt, after 22 mths p

th Debt, after 22 mths payment goes to $200.00 + $254.96 = $454.96

Listing of all debts

5th Debt: After 25 mths

th Debt: After 25 mths payment goes to $158 + $454.96 = $612.96

Listing of all debts

6th Debt: After 31 mths

th Debt: After 31 mths payment goes to $274.37 + $612.96 = $887.33

Listing of all debts

After 39 mths paymen

After 39 mths payment goes to $280.85 + $887.33 = $1168.18

Listing of all debts

8th Debt: After 49 mt

th Debt: After 49 mths payment goes to $582.82 + $1168.18 = $1751.00

Listing of all debts

9th Debt: After 73 m

th Debt: After 73 mths payment goes to $1149 + $1751 = $2900

No Debt left. Money goes into an investment at 10.0%

How many years to get completely out of debt?

Real Debt Month

S-ar putea să vă placă și