Names:

Deanna Callaway, Lindsey Thompson, Robert Sutch, Victor Freitas

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

$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?

Income
Family Take Home
Expenses
Contributions
Mortgage
Utilities
Gas
Insurance
Groceries
Laundry/Dry Cleani
Gifts
Bowling
Child Lessons
Misc
Internet
Cable TV
Home phone
Cellphone

13
$ 1,384,127.53

May

Jun
$5,150

$5,150

$650

$650

$1,731.82

$1,731.82

$275

$275

$170

$170

$390

$390

$450

$450

$50

$50

$15

$15

$85

$85

$155

$155

$30

$30

$25

$25

$95

$95

$75

$75

$85

$85

Newspaper
Car Payment
Debt Expenses
Total Expenses

$35

$35

$200

$200

$905.68

$905.68

$5,423

$5,423

Surplus / (Deficit)

-$273

-$273

Total Savings/(Debt

-$273

-$545

Based on the family needs, we decided to remove the following expenses:

Gas
Bowling
Total

$15
$85
$100

# of Pmts
36
24
36
28
48
60
84
142
147

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

15%
Interest

Principal Remaining Balance

Oct

Nov

$8,107.14
$97,285.71

Jul

Aug

Sep

Dec

$5,150

$5,150

$5,150

$5,150

$5,150

$5,150

$650

$650

$650

$650

$650

$650

$1,731.82

$1,731.82

$1,731.82

$1,731.82

$1,731.82

$1,731.82

$275

$275

$275

$275

$275

$275

$170

$170

$170

$170

$170

$170

$390

$390

$390

$390

$390

$390

$450

$450

$450

$450

$450

$450

$50

$50

$50

$50

$50

$50

$15

$15

$15

$15

$15

$15

$85

$85

$85

$85

$85

$85

$155

$155

$155

$155

$155

$155

$30

$30

$30

$30

$30

$30

$25

$25

$25

$25

$25

$25

$95

$95

$95

$95

$95

$95

$75

$75

$75

$75

$75

$75

$85

$85

$85

$85

$85

$85

$35

$35

$35

$35

$35

$35

$200

$200

$200

$200

$200

$200

$905.68

$905.68

$905.68

$905.68

$905.68

$905.68

$5,423

$5,423

$5,423

$5,423

$5,423

$5,423

-$273

-$273

-$273

-$273

-$273

-$273

-$818

-$1,090

-$1,363

-$1,635

-$1,908

-$2,180

Jan
$5,150

Feb

Mar

$5,150

$5,150

Apr

Total
$5,150

$61,800
$0
$0

$650
$1,731.82

$650

$650

$650

$7,800

$1,731.82 $1,731.82

$1,731.82

$20,782

$275

$275

$275

$275

$3,300

$170

$170

$170

$170

$2,040

$390

$390

$390

$390

$4,680

$450

$450

$450

$450

$5,400

$50

$50

$50

$50

$600

$15

$15

$15

$15

$180

$85

$85

$85

$85

$1,020

$155

$155

$155

$155

$1,860

$30

$30

$30

$30

$360

$25

$25

$25

$25

$300

$95

$95

$95

$95

$1,140

$75

$75

$75

$75

$900

$85

$85

$85

$85

$1,020

$35

$35

$35

$35

$420

$200

$200

$200

$200

$2,400

$905.68

$905.68

$905.68

$905.68

$10,868

$5,423

$5,423

$5,423

$5,423

$54,202
$0

-$273

-$273

-$273

-$273

$7,598
$0

-$2,453

-$2,725

-$2,998

-$3,270

-$21,255

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

# of Pmts
36
24
36
28
48
60
84
142
147

$216,915.80

Monthly Income Needed???

Annual Income Needed???

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

$8,107.14
$97,285.71

How many years to get completely out of debt?

How much in the back when you complete 30 years of payments?

*order smallest to larger the loans

*budget
*find extra 50 and add it to the first loan
*After finishing paying the first, add the value paid in the first to the actual paid in the next loan.

e next loan.

Principal
1
2
3
4
5
6
7
8

$1,000.00
$
877.83
$
754.13
$
628.89
$
502.08
$
373.69
$
243.69
$
112.06

Payment Interest Principal

$134.67 $12.50
$134.67 $10.97
$134.67 $9.43
$134.67 $7.86
$134.67 $6.28
$134.67 $4.67
$134.67 $3.05
$134.67 $1.40

$122.17
$123.70
$125.24
$126.81
$128.39
$130.00
$131.62
$133.27

Remaining Balance
$ 877.83
$ 754.13
$ 628.89
$ 502.08
$ 373.69
$ 243.69
$ 112.06
$ (21.21)

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

# of Pmts
36
24
36
28
48
60
84
142
147

$216,915.80

Monthly Income Needed???

Annual Income Needed???

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

$8,107.14
$97,285.71

How many years to get completely out of debt?

How much in the back when you complete 30 years of payments?

*order smallest to larger the loans

*budget
*find extra 50 and add it to the first loan
*After finishing paying the first, add the value paid in the first to the actual paid in the next loan.

e next loan.

Principle
1
2
3
4
5
6
7
8
9
10

$1,969.78
$ 1,762.09
$ 1,552.32
$ 1,340.45
$ 1,126.47
$
910.34
$
692.05
$
471.59
$
248.91
$
24.01

Payment Interest Principal

$227.39
$227.39
$227.39
$227.39
$227.39
$227.39
$227.39
$227.39
$227.39
$227.39

$19.70
$17.62
$15.52
$13.40
$11.26
$9.10
$6.92
$4.72
$2.49
$0.24

$207.69
$209.77
$211.87
$213.99
$216.13
$218.29
$220.47
$222.67
$224.90
$227.15

Remaining Balance
$ 1,762.09
$ 1,552.32
$ 1,340.45
$ 1,126.47
$ 910.34
$ 692.05
$ 471.59
$ 248.91
$
24.01
$ (203.14)

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

# of Pmts
36
24
36
28
48
60
84
142
147

$216,915.80

Monthly Income Needed???

Annual Income Needed???

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

$8,107.14
$97,285.71

How many years to get completely out of debt?

How much in the back when you complete 30 years of payments?

*order smallest to larger the loans

*budget
*find extra 50 and add it to the first loan
*After finishing paying the first, add the value paid in the first to the actual paid in the next loan.

e next loan.

Principle
1
2
3
4
5
6
7

$1,876.97
$ 1,607.97
$ 1,335.61
$ 1,059.85
$
780.64
$
497.93
$
211.70

Payment Interest Principal

$292.46
$292.46
$292.46
$292.46
$292.46
$292.46
$292.46

$23.46
$20.10
$16.70
$13.25
$9.76
$6.22
$2.65

$269.00
$272.36
$275.76
$279.21
$282.70
$286.24
$289.81

Remaining Balance
$ 1,607.97
$ 1,335.61
$ 1,059.85
$ 780.64
$ 497.93
$ 211.70
$ (78.12)

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

# of Pmts
36
24
36
28
48
60
84
142
147

$216,915.80

Monthly Income Needed???

Annual Income Needed???

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

$8,107.14
$97,285.71

How many years to get completely out of debt?

How much in the back when you complete 30 years of payments?

*order smallest to larger the loans

*budget
*find extra 50 and add it to the first loan
*After finishing paying the first, add the value paid in the first to the actual paid in the next loan.

e next loan.

Principle
1
2
3
4
5
6
7
8
9
10
11

$5,200.00
$ 4,737.87
$ 4,273.05
$ 3,805.52
$ 3,335.26
$ 2,862.25
$ 2,386.49
$ 1,907.95
$ 1,426.62
$
942.48
$
455.52

Payment Interest Principal

$492.46
$492.46
$492.46
$492.46
$492.46
$492.46
$492.46
$492.46
$492.46
$492.46
$492.46

$30.33
$27.64
$24.93
$22.20
$19.46
$16.70
$13.92
$11.13
$8.32
$5.50
$2.66

$462.13
$464.82
$467.53
$470.26
$473.00
$475.76
$478.54
$481.33
$484.14
$486.96
$489.80

Remaining Balance
$ 4,737.87
$ 4,273.05
$ 3,805.52
$ 3,335.26
$ 2,862.25
$ 2,386.49
$ 1,907.95
$ 1,426.62
$ 942.48
$ 455.52
$ (34.28)

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

# of Pmts
36
24
36
28
48
60
84
142
147

$216,915.80

Monthly Income Needed???

Annual Income Needed???

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

$8,107.14
$97,285.71

How many years to get completely out of debt?

How much in the back when you complete 30 years of payments?

*order smallest to larger the loans

*budget
*find extra 50 and add it to the first loan
*After finishing paying the first, add the value paid in the first to the actual paid in the next loan.

e next loan.

Principle
1
2
3
4
5
6
7
8
9
10

$6,000.00
$ 5,409.54
$ 4,790.64
$ 4,168.12
$ 3,541.98
$ 2,912.18
$ 2,278.70
$ 1,641.54
$ 1,000.65
$
356.03

Payment Interest Principal

$650.46
$650.46
$650.46
$650.46
$650.46
$650.46
$650.46
$650.46
$650.46
$650.46

$60.00
$31.56
$27.95
$24.31
$20.66
$16.99
$13.29
$9.58
$5.84
$2.08

$590.46
$618.90
$622.51
$626.15
$629.80
$633.47
$637.17
$640.88
$644.62
$648.38

Remaining Balance
$ 5,409.54
$ 4,790.64
$ 4,168.12
$ 3,541.98
$ 2,912.18
$ 2,278.70
$ 1,641.54
$ 1,000.65
$ 356.03
$ (292.35)

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

# of Pmts
36
24
36
28
48
60
84
142
147

$216,915.80

Monthly Income Needed???

Annual Income Needed???

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

$8,107.14
$97,285.71

How many years to get completely out of debt?

How much in the back when you complete 30 years of payments?

*order smallest to larger the loans

*budget
*find extra 50 and add it to the first loan
*After finishing paying the first, add the value paid in the first to the actual paid in the next loan.

e next loan.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

$
$
$
$
$
$
$
$
$
$
$
$
$
$

Principle

Payment

Interest

$12,619.08
11,809.92
11,003.19
10,188.40
9,365.45
8,534.27
7,694.79
6,846.91
5,990.54
5,125.62
4,252.05
3,369.74
2,478.60
1,578.56
669.52

$924.83
$924.83
$924.83
$924.83
$924.83
$924.83
$924.83
$924.83
$924.83
$924.83
$924.83
$924.83
$924.83
$924.83
$924.83

$115.67
$118.10
$110.03
$101.88
$93.65
$85.34
$76.95
$68.47
$59.91
$51.26
$42.52
$33.70
$24.79
$15.79
$6.70

Principal

Remaining Balance
11,809.92
$809.16 $
11,003.19
$806.73 $
$
10,188.40
$814.80
9,365.45
$822.95 $
8,534.27
$831.18 $
7,694.79
$839.49 $
6,846.91
$847.88 $
5,990.54
$856.36 $
5,125.62
$864.92 $
4,252.05
$873.57 $
3,369.74
$882.31 $
2,478.60
$891.13 $
1,578.56
$900.04 $
669.52
$909.04 $
(248.62)
$918.13 $

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

# of Pmts
36
24
36
28
48
60
84
142
147

$216,915.80

Monthly Income Needed???

Annual Income Needed???

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

$8,107.14
$97,285.71

How many years to get completely out of debt?

How much in the back when you complete 30 years of payments?

*order smallest to larger the loans

*budget
*find extra 50 and add it to the first loan
*After finishing paying the first, add the value paid in the first to the actual paid in the next loan.

e next loan.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

Principle

Payment

Interest

$19,225.00
18,115.45
17,000.34
15,879.66
14,753.38
13,621.47
12,483.90
11,340.64
10,191.66
9,036.94
7,876.44
6,710.14
5,538.02
4,360.03
3,176.15
1,986.35
790.60

$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68
$1,205.68

$96.13
$90.58
$85.00
$79.40
$73.77
$68.11
$62.42
$56.70
$50.96
$45.18
$39.38
$33.55
$27.69
$21.80
$15.88
$9.93
$3.95

Principal

Remaining Balance
18,115.45
$1,109.56 $
17,000.34
$1,115.10 $
$
15,879.66
$1,120.68
14,753.38
$1,126.28 $
13,621.47
$1,131.91 $
12,483.90
$1,137.57 $
11,340.64
$1,143.26 $
10,191.66
$1,148.98 $
9,036.94
$1,154.72 $
7,876.44
$1,160.50 $
6,710.14
$1,166.30 $
5,538.02
$1,172.13 $
4,360.03
$1,177.99 $
3,176.15
$1,183.88 $
1,986.35
$1,189.80 $
790.60
$1,195.75 $
(411.13)
$1,201.73 $

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

# of Pmts
36
24
36
28
48
60
84
142
147

$216,915.80

Monthly Income Needed???

Annual Income Needed???

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

$8,107.14
$97,285.71

How many years to get completely out of debt?

How much in the back when you complete 30 years of payments?

*order smallest to larger the loans

*budget
*find extra 50 and add it to the first loan
*After finishing paying the first, add the value paid in the first to the actual paid in the next loan.

e next loan.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

Principle

Payment

Interest

$49,612.40
48,216.66
46,809.88
45,391.96
43,962.81
42,522.35
41,070.49
39,607.13
38,132.18
36,645.56
35,147.17
33,636.92
32,114.71
30,580.46
29,034.05
27,475.40
25,904.42
24,320.99
22,725.04
21,116.44
19,495.11
17,860.95
16,213.85
14,553.71
12,880.43
11,193.90
9,494.01
7,780.68
6,053.77
4,313.20
2,558.84
790.60

$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50
$1,788.50

$392.76
$381.72
$370.58
$359.35
$348.04
$336.64
$325.14
$313.56
$301.88
$290.11
$278.25
$266.29
$254.24
$242.10
$229.85
$217.51
$205.08
$192.54
$179.91
$167.17
$154.34
$141.40
$128.36
$115.22
$101.97
$88.62
$75.16
$61.60
$47.93
$34.15
$20.26
$6.26

Principal

Remaining Balance
48,216.66
$1,395.74 $
46,809.88
$1,406.78 $
$
45,391.96
$1,417.92
43,962.81
$1,429.15 $
42,522.35
$1,440.46 $
41,070.49
$1,451.86 $
39,607.13
$1,463.36 $
38,132.18
$1,474.94 $
36,645.56
$1,486.62 $
35,147.17
$1,498.39 $
33,636.92
$1,510.25 $
32,114.71
$1,522.21 $
30,580.46
$1,534.26 $
29,034.05
$1,546.40 $
27,475.40
$1,558.65 $
25,904.42
$1,570.99 $
24,320.99
$1,583.42 $
$
22,725.04
$1,595.96
21,116.44
$1,608.59 $
19,495.11
$1,621.33 $
17,860.95
$1,634.16 $
16,213.85
$1,647.10 $
14,553.71
$1,660.14 $
12,880.43
$1,673.28 $
11,193.90
$1,686.53 $
9,494.01
$1,699.88 $
7,780.68
$1,713.34 $
6,053.77
$1,726.90 $
4,313.20
$1,740.57 $
2,558.84
$1,754.35 $
790.60
$1,768.24 $
(991.64)
$1,782.24 $

Listing of all debts

Debt
Credit Card #2
Gas Credit Card
Medical Bill
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Total Debt

Rate
15.0%
12.0%
15.0%
7.0%
12.0%
11.0%
6.0%
9.5%
6.0%

Principal
$1,000.00
$1,969.78
$1,876.97
$5,200.00

$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

# of Pmts
36
24
36
28
48
60
84
142
147

$216,915.80

Monthly Income Needed???

Annual Income Needed???

$ / mth
$34.67
$92.72
$65.07
$200.00
$158.00
$274.37
$280.85
$582.82
$1,149.00
$2,837.50

Real Debt
$1,248.12
$2,225.28
$2,342.52
$5,600.00
$7,584.00
$16,462.20
$23,591.40
$82,760.44
$168,903.00
$310,716.96

$8,107.14
$97,285.71

How many years to get completely out of debt?

How much in the back when you complete 30 years of payments?

*order smallest to larger the loans

*budget
*find extra 50 and add it to the first loan
*After finishing paying the first, add the value paid in the first to the actual paid in the next loan.

e next loan.

1
2
3
4
5
6
7
8
9
10
11
12
13
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

Principle

Payment

Interest

$119,412.57
$ 117,072.13
$ 115,061.45
$ 113,034.86
$ 110,992.22
$ 108,933.40
$ 106,858.29
$ 104,766.76
$ 102,658.66
$ 100,533.87
$ 98,392.27
$ 96,233.71
$ 94,058.06
$ 91,865.18
$ 89,654.95
$ 87,427.22
$ 85,181.85
$ 82,918.70
$ 80,637.64
$ 78,338.53
$ 76,021.21
$ 73,685.54
$ 71,331.38
$ 68,958.59
$ 66,567.01
$ 64,156.50
$ 61,726.91
$ 59,278.08
$ 56,809.86
$ 54,322.11
$ 51,814.66
$ 49,287.36
$ 46,740.05
$ 44,172.57
$ 41,584.77
$ 38,976.49
$ 36,347.55
$ 33,697.80
$ 31,027.08
$ 28,335.21

$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50

$597.06
$926.82
$910.90
$894.86
$878.69
$862.39
$845.96
$829.40
$812.71
$795.89
$778.94
$761.85
$744.63
$727.27
$709.77
$692.13
$674.36
$656.44
$638.38
$620.18
$601.83
$583.34
$564.71
$545.92
$526.99
$507.91
$488.67
$469.28
$449.74
$430.05
$410.20
$390.19
$370.03
$349.70
$329.21
$308.56
$287.75
$266.77
$245.63
$224.32

41
42
43
44
45
46
47
48
49
50

$
$
$
$
$
$
$
$
$
$

25,622.03
22,887.37
20,131.06
17,352.93
14,552.81
11,730.52
8,885.89
6,018.73
3,128.88
216.15

$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50
$2,937.50

$202.84
$181.19
$159.37
$137.38
$115.21
$92.87
$70.35
$47.65
$24.77
$1.71

Principal

Remaining Balance
117,072.13
$2,340.44 $
115,061.45
$2,010.68 $
$
113,034.86
$2,026.60
110,992.22
$2,042.64 $
108,933.40
$2,058.81 $
106,858.29
$2,075.11 $
104,766.76
$2,091.54 $
102,658.66
$2,108.10 $
100,533.87
$2,124.79 $
98,392.27
$2,141.61 $
96,233.71
$2,158.56 $
94,058.06
$2,175.65 $
91,865.18
$2,192.87 $
89,654.95
$2,210.23 $
87,427.22
$2,227.73 $
85,181.85
$2,245.37 $
82,918.70
$2,263.14 $
$
80,637.64
$2,281.06
78,338.53
$2,299.12 $
76,021.21
$2,317.32 $
73,685.54
$2,335.67 $
71,331.38
$2,354.16 $
68,958.59
$2,372.79 $
66,567.01
$2,391.58 $
64,156.50
$2,410.51 $
61,726.91
$2,429.59 $
59,278.08
$2,448.83 $
56,809.86
$2,468.22 $
54,322.11
$2,487.76 $
51,814.66
$2,507.45 $
49,287.36
$2,527.30 $
46,740.05
$2,547.31 $
$
44,172.57
$2,567.47
41,584.77
$2,587.80 $
38,976.49
$2,608.29 $
36,347.55
$2,628.94 $
33,697.80
$2,649.75 $
31,027.08
$2,670.73 $
28,335.21
$2,691.87 $
25,622.03
$2,713.18 $

$2,734.66
$2,756.31
$2,778.13
$2,800.12
$2,822.29
$2,844.63
$2,867.15
$2,889.85
$2,912.73
$2,935.79

$
$
$
$
$
$
$
$
$
$

22,887.37
20,131.06
17,352.93
14,552.81
11,730.52
8,885.89
6,018.73
3,128.88
216.15
(2,719.64)

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

401K=
Final Retirement:

$47,692.52
$1,384,127.53

Totals

After 160 mths payment of $3087.50 goes into an investment until month 364

Month
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

Payment
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50

10.0%
Interest
$397.44
$29.04
$55.01
$81.20
$107.61
$134.23
$161.08
$188.15
$215.45
$242.97
$270.73
$298.71
$326.93
$355.38
$384.07
$413.00
$442.18
$471.59
$501.25
$531.15
$561.31
$591.72
$622.38
$653.29
$684.47
$715.90
$747.59
$779.55
$811.78
$844.27
$877.04
$910.07
$943.39
$976.98
$1,010.85
$1,045.00
$1,079.44
$1,114.16
$1,149.18

Ttl Investment
$3,484.94
$3,116.54
$3,142.51
$3,168.70
$3,195.11
$3,221.73
$3,248.58
$3,275.65
$3,302.95
$3,330.47
$3,358.23
$3,386.21
$3,414.43
$3,442.88
$3,471.57
$3,500.50
$3,529.68
$3,559.09
$3,588.75
$3,618.65
$3,648.81
$3,679.22
$3,709.88
$3,740.79
$3,771.97
$3,803.40
$3,835.09
$3,867.05
$3,899.28
$3,931.77
$3,964.54
$3,997.57
$4,030.89
$4,064.48
$4,098.35
$4,132.50
$4,166.94
$4,201.66
$4,236.68

$47,692.52
Ending Balance
$3,484.94
$6,601.48
$9,743.99
$12,912.69
$16,107.80
$19,329.53
$22,578.11
$25,853.76
$29,156.71
$32,487.18
$35,845.41
$39,231.62
$42,646.05
$46,088.93
$49,560.51
$53,061.01
$56,590.69
$60,149.77
$63,738.52
$67,357.18
$71,005.99
$74,685.20
$78,395.08
$82,135.87
$85,907.84
$89,711.24
$93,546.33
$97,413.38
$101,312.66
$105,244.43
$109,208.97
$113,206.54
$117,237.43
$121,301.91
$125,400.26
$129,532.76
$133,699.70
$137,901.37
$142,138.04

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

$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50

$1,184.48
$1,220.08
$1,255.98
$1,292.18
$1,328.67
$1,365.47
$1,402.58
$1,440.00
$1,477.73
$1,515.77
$1,554.13
$1,592.81
$1,631.82
$1,671.14
$1,710.80
$1,750.79
$1,791.10
$1,831.76
$1,872.75
$1,914.09
$1,955.77
$1,997.80
$2,040.17
$2,082.90
$2,125.99
$2,169.44
$2,213.24
$2,257.42
$2,301.96
$2,346.87
$2,392.16
$2,437.82
$2,483.86
$2,530.29
$2,577.11
$2,624.31
$2,671.91
$2,719.91
$2,768.30
$2,817.10
$2,866.30
$2,915.92
$2,965.95

$4,271.98
$4,307.58
$4,343.48
$4,379.68
$4,416.17
$4,452.97
$4,490.08
$4,527.50
$4,565.23
$4,603.27
$4,641.63
$4,680.31
$4,719.32
$4,758.64
$4,798.30
$4,838.29
$4,878.60
$4,919.26
$4,960.25
$5,001.59
$5,043.27
$5,085.30
$5,127.67
$5,170.40
$5,213.49
$5,256.94
$5,300.74
$5,344.92
$5,389.46
$5,434.37
$5,479.66
$5,525.32
$5,571.36
$5,617.79
$5,664.61
$5,711.81
$5,759.41
$5,807.41
$5,855.80
$5,904.60
$5,953.80
$6,003.42
$6,053.45

$146,410.03
$150,717.61
$155,061.09
$159,440.77
$163,856.94
$168,309.92
$172,800.00
$177,327.50
$181,892.73
$186,496.00
$191,137.63
$195,817.95
$200,537.26
$205,295.91
$210,094.21
$214,932.49
$219,811.10
$224,730.35
$229,690.61
$234,692.20
$239,735.46
$244,820.76
$249,948.43
$255,118.84
$260,332.33
$265,589.26
$270,890.01
$276,234.92
$281,624.38
$287,058.75
$292,538.41
$298,063.73
$303,635.09
$309,252.88
$314,917.49
$320,629.30
$326,388.71
$332,196.12
$338,051.92
$343,956.52
$349,910.32
$355,913.74
$361,967.19

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

$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50

$3,016.39
$3,067.26
$3,118.55
$3,170.27
$3,222.41
$3,275.00
$3,328.02
$3,381.48
$3,435.39
$3,489.75
$3,544.56
$3,599.82
$3,655.55
$3,711.74
$3,768.40
$3,825.54
$3,883.14
$3,941.23
$3,999.81
$4,058.87
$4,118.42
$4,178.47
$4,239.02
$4,300.07
$4,361.64
$4,423.71
$4,486.31
$4,549.42
$4,613.06
$4,677.23
$4,741.94
$4,807.18
$4,872.97
$4,939.31
$5,006.20
$5,073.65
$5,141.66
$5,210.23
$5,279.38
$5,349.11
$5,419.41
$5,490.30
$5,561.78

$6,103.89
$6,154.76
$6,206.05
$6,257.77
$6,309.91
$6,362.50
$6,415.52
$6,468.98
$6,522.89
$6,577.25
$6,632.06
$6,687.32
$6,743.05
$6,799.24
$6,855.90
$6,913.04
$6,970.64
$7,028.73
$7,087.31
$7,146.37
$7,205.92
$7,265.97
$7,326.52
$7,387.57
$7,449.14
$7,511.21
$7,573.81
$7,636.92
$7,700.56
$7,764.73
$7,829.44
$7,894.68
$7,960.47
$8,026.81
$8,093.70
$8,161.15
$8,229.16
$8,297.73
$8,366.88
$8,436.61
$8,506.91
$8,577.80
$8,649.28

$368,071.09
$374,225.84
$380,431.89
$386,689.66
$392,999.57
$399,362.07
$405,777.59
$412,246.57
$418,769.45
$425,346.70
$431,978.76
$438,666.08
$445,409.13
$452,208.37
$459,064.28
$465,977.31
$472,947.95
$479,976.69
$487,063.99
$494,210.36
$501,416.28
$508,682.25
$516,008.77
$523,396.34
$530,845.48
$538,356.69
$545,930.49
$553,567.42
$561,267.98
$569,032.71
$576,862.15
$584,756.83
$592,717.31
$600,744.12
$608,837.82
$616,998.97
$625,228.13
$633,525.86
$641,892.74
$650,329.35
$658,836.26
$667,414.06
$676,063.35

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

$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50

$5,633.86
$5,706.54
$5,779.82
$5,853.72
$5,928.23
$6,003.36
$6,079.12
$6,155.50
$6,232.53
$6,310.20
$6,388.51
$6,467.48
$6,547.10
$6,627.39
$6,708.35
$6,789.98
$6,872.29
$6,955.29
$7,038.98
$7,123.37
$7,208.46
$7,294.26
$7,380.77
$7,468.01
$7,555.97
$7,644.67
$7,734.10
$7,824.28
$7,915.21
$8,006.90
$8,099.35
$8,192.58
$8,286.58
$8,381.36
$8,476.94
$8,573.31
$8,670.48
$8,768.46
$8,867.26
$8,966.89
$9,067.34
$9,168.63
$9,270.76

$8,721.36
$8,794.04
$8,867.32
$8,941.22
$9,015.73
$9,090.86
$9,166.62
$9,243.00
$9,320.03
$9,397.70
$9,476.01
$9,554.98
$9,634.60
$9,714.89
$9,795.85
$9,877.48
$9,959.79
$10,042.79
$10,126.48
$10,210.87
$10,295.96
$10,381.76
$10,468.27
$10,555.51
$10,643.47
$10,732.17
$10,821.60
$10,911.78
$11,002.71
$11,094.40
$11,186.85
$11,280.08
$11,374.08
$11,468.86
$11,564.44
$11,660.81
$11,757.98
$11,855.96
$11,954.76
$12,054.39
$12,154.84
$12,256.13
$12,358.26

$684,784.71
$693,578.75
$702,446.07
$711,387.29
$720,403.01
$729,493.87
$738,660.49
$747,903.49
$757,223.52
$766,621.22
$776,097.23
$785,652.20
$795,286.81
$805,001.70
$814,797.54
$824,675.02
$834,634.82
$844,677.61
$854,804.09
$865,014.95
$875,310.91
$885,692.67
$896,160.94
$906,716.45
$917,359.92
$928,092.09
$938,913.69
$949,825.47
$960,828.18
$971,922.58
$983,109.44
$994,389.51
$1,005,763.59
$1,017,232.46
$1,028,796.89
$1,040,457.70
$1,052,215.68
$1,064,071.65
$1,076,026.41
$1,088,080.80
$1,100,235.64
$1,112,491.77
$1,124,850.03

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
361
362
363
364

$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50
$3,087.50

$9,373.75
$9,477.59
$9,582.30
$9,687.88
$9,794.35
$9,901.70
$10,009.94
$10,119.08
$10,229.14
$10,340.11
$10,452.01
$10,564.84
$10,678.61
$10,793.32
$10,909.00
$11,025.63
$11,143.24
$11,261.83
$11,381.41
$11,501.99
$11,623.56
$11,746.16
$11,869.77
$11,994.41
$12,120.10
$12,246.83
$12,374.61
$12,503.46
$12,633.39
$12,764.40
$12,896.50
$13,029.70
$13,164.01
$13,299.43
$13,435.99
$13,573.69
$13,712.53

$12,461.25
$12,565.09
$12,669.80
$12,775.38
$12,881.85
$12,989.20
$13,097.44
$13,206.58
$13,316.64
$13,427.61
$13,539.51
$13,652.34
$13,766.11
$13,880.82
$13,996.50
$14,113.13
$14,230.74
$14,349.33
$14,468.91
$14,589.49
$14,711.06
$14,833.66
$14,957.27
$15,081.91
$15,207.60
$15,334.33
$15,462.11
$15,590.96
$15,720.89
$15,851.90
$15,984.00
$16,117.20
$16,251.51
$16,386.93
$16,523.49
$16,661.19
$16,800.03

$1,137,311.28
$1,149,876.38
$1,162,546.18
$1,175,321.56
$1,188,203.41
$1,201,192.60
$1,214,290.04
$1,227,496.63
$1,240,813.27
$1,254,240.88
$1,267,780.38
$1,281,432.72
$1,295,198.83
$1,309,079.65
$1,323,076.15
$1,337,189.28
$1,351,420.02
$1,365,769.36
$1,380,238.27
$1,394,827.76
$1,409,538.82
$1,424,372.48
$1,439,329.75
$1,454,411.66
$1,469,619.26
$1,484,953.59
$1,500,415.70
$1,516,006.66
$1,531,727.55
$1,547,579.45
$1,563,563.44
$1,579,680.64
$1,595,932.15
$1,612,319.08
$1,628,842.57
$1,645,503.76
$1,662,303.79

$632,937.50

until month 364