Family's current budget

Monthly Income
Bro. Hopeful
Sis. Hopeful
401K
Total

Amount
$4,800.00
$350.00
$150.00
$5,000.00

Amount

APR %
Current PaymPayments Re
$6,000.00
12.00%
$158.00
48
$1,000.00
15.00%
$34.67
36
$12,619.08
11.00%
$274.37
60
$19,225.00
6.00%
$280.85
84
$5,200.00
7.00%
$200.00
28
$1,969.78
12.00%
$92.72
24
$1,876.97
15.00%
$65.07
36
$49,612.40
9.50%
$582.82
142
$119,412.57
6.00%
$1,149.00
147
$216,915.80

Gross Expences

$2,837.50

Amount

Food
Lessons for children
Laundry
Dry clean
Gifts
Life insurance
Medical insurance
Total car insurance
Internet
Cable TV
Utilities
Home phone service
Total cell phone pr
Total gas
Bowling league
Newspaper
Misc
Tithing

$450.00
$155.00
$30.00
$20.00
$15.00
$70.00
$200.00
$120.00
$25.00
$95.00
$275.00
$75.00
$85.00
$170.00
$85.00
$35.00
$30.00
$615.00

Charities
Total

$35.00
$2,585.00

Total
Amount
Gross expence
$2,585.00
Monthly Debt Payme $2,837.50
Total Monthly paym
$5,422.50
Surplus or Deficit
-$422.50

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

New Family Budget

Monthly Income
Bro. Hopeful
Sis. Hopeful
401K
Total

Amount
$4,800.00
$400.00 She can work little bit more
$150.00
$5,050.00

Amount

APR %
Current PaymPayments Re
$6,000.00
12.00%
$158.00
48
$1,000.00
15.00%
$34.67
36
$12,619.08
11.00%
$274.37
60
$19,225.00
6.00%
$280.85
84
$5,200.00
7.00%
$200.00
28
$1,969.78
12.00%
$92.72
24
$1,876.97
15.00%
$65.07
36
$49,612.40
9.50%
$582.82
142
$119,412.57
6.00%
$1,149.00
147
$216,915.80

$2,837.50

Gross Expences
Amount
401 K
$150.00
Food
$400.00 Eat more meals at home
Lessons for children
$100.00 Find a cheaper teacher
Laundry
$30.00
Dry clean
$0.00 Iron shirts
Gifts
$15.00
Life insurance
$70.00
Medical insurance
$200.00
Total car insurance
$120.00
Internet
$25.00
Cable TV
$0.00 Have internet and can stream netflix etc..
Utilities
$275.00
Home phone service
$0.00 Have cell phones
Total cell phone pr
$85.00
Total gas
$85.00 During the warmer months you can bike or walk, even carpool.
Bowling league
$0.00 Not needed when so much in debt.
Newspaper
$0.00 You have smartphones and the internet, wasteful paper.
Misc
$30.00
Tithing
$615.00

Charities
Total

$0.00 Already donate to fast offerings.

$2,200.00

Total
Amount
Gross expence
$2,200.00
Monthly Debt Payme $2,837.50
Total Monthly paym
$5,037.50
Surplus or Deficit
$12.50

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

ream netflix etc..

hs you can bike or walk, even carpool.

and the internet, wasteful paper.

Listing of all debts

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

Monthly Income Needed???

Annual Income Needed???

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

Principal

# of Pmts
30
22
60
84
20
11
24
142
147

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

$3,282.86
$39,394.29

650.46

Payment goes to $158.00 + $492.46 = $258.00

Real Debt
$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

Month
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

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
650.46
650.46
650.46
650.46
650.46
650.46

12.0%
Interest
$60.00
$59.02
$58.03
$57.03
$56.02
$55.00
$53.97
$52.93
$51.88
$50.82
$49.75
$48.66
$47.57
$46.47
$45.35
$44.23
$43.09
$41.94
$40.78
$39.61
$38.42
$37.23
$36.02
$34.80
$33.57
$27.40
$21.17
$14.87
$8.52
$2.10

Principal
$98.00
$98.98
$99.97
$100.97
$101.98
$103.00
$104.03
$105.07
$106.12
$107.18
$108.25
$109.34
$110.43
$111.53
$112.65
$113.77
$114.91
$116.06
$117.22
$118.39
$119.58
$120.77
$121.98
$123.20
$616.89
$623.06
$629.29
$635.59
$641.94
$648.36

492.46 = $258.00
$6,000.00
Remaining Balance
$5,902.00

$5,803.02
$5,703.05
$5,602.08
$5,500.10
$5,397.10
$5,293.07
$5,188.00
$5,081.88
$4,974.70
$4,866.45
$4,757.11
$4,646.69
$4,535.15
$4,422.50
$4,308.73
$4,193.82
$4,077.75
$3,960.53
$3,842.14
$3,722.56
$3,601.78
$3,479.80
$3,356.60
$2,739.71
$2,116.64
$1,487.35
$851.76
$209.82
($438.54)

Listing of all debts

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

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

Principal

Monthly Income Needed???

Annual Income Needed???

# of Pmts
48
22
60
84
20
11
36
142
147

$ / mth
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
$3,282.86
$39,394.29

427.39

292.67

After 20 mths payment goes to $34.67+ $392.72 = $34.67

Real Debt
$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

Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

Payment
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$427.39
$427.39

15.0%
Interest
$12.50
$12.22
$11.94
$11.66
$11.37
$11.08
$10.78
$10.49
$10.18
$9.88
$9.57
$9.25
$8.94
$8.61
$8.29
$7.96
$7.63
$7.29
$6.94
$6.60
$6.25
$0.98

Principal
$22.17
$22.45
$22.73
$23.01
$23.30
$23.59
$23.89
$24.18
$24.49
$24.79
$25.10
$25.42
$25.73
$26.06
$26.38
$26.71
$27.04
$27.38
$27.73
$28.07
$421.14
$426.41

to $34.67+ $392.72 = $34.67

$1,000.00

Remaining Balance
$977.83
$955.38
$932.66
$909.64
$886.34
$862.75
$838.87
$814.68
$790.20
$765.40
$740.30
$714.89
$689.15
$663.10
$636.71
$610.00
$582.96
$555.58
$527.85
$499.78
$78.64
($347.77)

Listing of all debts

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

Monthly Income Needed???

Annual Income Needed???

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

Principal

# of Pmts
48
36
60
84
20
11
36
142
147

$ / mth
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
$3,282.86
$39,394.29

After 11 mths payment goes to $200.00 + $192.72 = $392.72

Real Debt
$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

Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Payment
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$392.72
$392.72
$392.72
$392.72
$392.72
$392.72
$392.72
$392.72
$392.72

7.0%
Interest
$30.33
$29.34
$28.35
$27.35
$26.34
$25.33
$24.31
$23.28
$22.25
$21.22
$20.17
$19.12
$16.94
$14.75
$12.55
$10.33
$8.10
$5.86
$3.60
$1.33

Principal
$169.67
$170.66
$171.65
$172.65
$173.66
$174.67
$175.69
$176.72
$177.75
$178.78
$179.83
$373.60
$375.78
$377.97
$380.17
$382.39
$384.62
$386.86
$389.12
$391.39

to $200.00 + $192.72 = $392.72

$5,200.00

Remaining Balance
$5,030.33
$4,859.68
$4,688.03
$4,515.37
$4,341.71
$4,167.04
$3,991.35
$3,814.63
$3,636.88
$3,458.10
$3,278.27
$2,904.67
$2,528.90
$2,150.93
$1,770.75
$1,388.36
$1,003.74
$616.88
$227.76
($163.64)

Listing of all debts

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

Monthly Income Needed???

Annual Income Needed???

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

# of Pmts
30
22
38
84
20
11
24
142
147

$ / mth
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
$3,282.86
$39,394.29

924.83

3rd Debt, after 13 mths payment goes to $274.37 + $650.46 = $3

Real Debt
$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

Month
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

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
567.04
924.83
924.83
924.83
924.83
924.83
924.83
924.83
924.83

11.0%
Interest
$115.67
$114.22
$112.75
$111.27
$109.78
$108.27
$106.74
$105.21
$103.66
$102.09
$100.51
$98.92
$97.31
$95.69
$94.05
$92.40
$90.73
$89.05
$87.35
$85.63
$83.90
$82.16
$80.39
$78.62
$76.82
$75.01
$73.18
$71.34
$69.48
$67.60
$63.02
$55.12
$47.15
$39.10
$30.99
$22.79
$14.52
$6.18

Principal
$158.70
$160.15
$161.62
$163.10
$164.59
$166.10
$167.63
$169.16
$170.71
$172.28
$173.86
$175.45
$177.06
$178.68
$180.32
$181.97
$183.64
$185.32
$187.02
$188.74
$190.47
$192.21
$193.98
$195.75
$197.55
$199.36
$201.19
$203.03
$204.89
$499.44
$861.81
$869.71
$877.68
$885.73
$893.84
$902.04
$910.31
$918.65

ment goes to $274.37 + $650.46 = $321.77

$12,619.08

Remaining Balance
$12,460.38
$12,300.24
$12,138.62
$11,975.52
$11,810.92
$11,644.82
$11,477.19
$11,308.03
$11,137.32
$10,965.04
$10,791.18
$10,615.73
$10,438.67
$10,259.99
$10,079.67
$9,897.70
$9,714.06
$9,528.73
$9,341.71
$9,152.97
$8,962.50
$8,770.29
$8,576.32
$8,380.56
$8,183.01
$7,983.65
$7,782.47
$7,579.44
$7,374.55
$6,875.11
$6,013.30
$5,143.59
$4,265.91
$3,380.18
$2,486.34
$1,584.30
$673.99
($244.66)

Listing of all debts

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

Monthly Income Needed???

Annual Income Needed???

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

Principal

# of Pmts
48
36
60
84
28
11
36
142
147

$ / mth
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
$3,282.86
$39,394.29

Real Debt
$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

1247.89

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

Payment
$192.72
$192.72
$192.72
$192.72
$192.72
$192.72
$192.72
$192.72
$192.72
$192.72
$192.72

12.0%
Interest
$19.70
$17.97
$16.22
$14.46
$12.67
$10.87
$9.05
$7.22
$5.36
$3.49
$1.60

Principal
$173.02
$174.75
$176.50
$178.26
$180.05
$181.85
$183.67
$185.50
$187.36
$189.23
$191.12

$1,969.78

Remaining Balance
$1,796.76
$1,622.01
$1,445.51
$1,267.24
$1,087.19
$905.34
$721.68
$536.18
$348.82
$159.58
($31.54)

Listing of all debts

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

Monthly Income Needed???

Annual Income Needed???

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

Principal

# of Pmts
48
22
60
84
20
11
24
142
147

$ / mth
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
$3,282.86
$39,394.29

492.46

After 22 mths payment goes to $65.07 + $427.39 = $2,180.17

Real Debt
$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

Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24

Payment
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
492.46
492.46

15.0%
Interest
$23.46
$22.94
$22.42
$21.88
$21.34
$20.80
$20.24
$19.68
$19.11
$18.54
$17.96
$17.37
$16.77
$16.17
$15.56
$14.94
$14.31
$13.68
$13.04
$12.39
$11.73
$11.06
$10.39
$4.36

Principal
$41.61
$42.13
$42.65
$43.19
$43.73
$44.27
$44.83
$45.39
$45.96
$46.53
$47.11
$47.70
$48.30
$48.90
$49.51
$50.13
$50.76
$51.39
$52.03
$52.68
$53.34
$54.01
$482.07
$488.10

11.8 years

to $65.07 + $427.39 = $2,180.17

$1,876.97

Remaining Balance
$1,835.36
$1,793.23
$1,750.58
$1,707.39
$1,663.66
$1,619.39
$1,574.56
$1,529.17
$1,483.22
$1,436.69
$1,389.58
$1,341.88
$1,293.58
$1,244.68
$1,195.17
$1,145.04
$1,094.28
$1,042.89
$990.86
$938.17
$884.83
$830.82
$348.75
($139.36)

Listing of all debts

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

Monthly Income Needed???

Annual Income Needed???

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

Principal

# of Pmts
30
22
38
48
20
11
24
142
147

$ / mth
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
$3,282.86
$39,394.29

1205.68

567.04
$847.89

After 21 mths payment goes to $280.85 + $924.83 = $461.26

Real Debt
$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

Month
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

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
1205.68
1205.68

6.0%
Interest
$96.13
$95.20
$94.27
$93.34
$92.40
$91.46
$90.51
$89.56
$88.61
$87.64
$86.68
$85.71
$84.73
$83.75
$82.77
$81.78
$80.78
$79.78
$78.77
$77.76
$76.75
$75.73
$74.70
$73.67
$72.64
$71.59
$70.55
$69.50
$68.44
$67.38
$66.31
$65.24
$64.16
$63.08
$61.99
$60.89
$59.79
$58.69
$52.95

Principal
$184.73
$185.65
$186.58
$187.51
$188.45
$189.39
$190.34
$191.29
$192.24
$193.21
$194.17
$195.14
$196.12
$197.10
$198.08
$199.07
$200.07
$201.07
$202.08
$203.09
$204.10
$205.12
$206.15
$207.18
$208.21
$209.26
$210.30
$211.35
$212.41
$213.47
$214.54
$215.61
$216.69
$217.77
$218.86
$219.96
$221.06
$1,146.99
$1,152.73

40
41
42
43
44
45
46
47
48

1205.68
1205.68
1205.68
1205.68
1205.68
1205.68
1205.68
1205.68
1205.68

$47.19
$41.40
$35.58
$29.72
$23.85
$17.94
$12.00
$6.03
$0.03

$1,158.49
$1,164.28
$1,170.10
$1,175.96
$1,181.83
$1,187.74
$1,193.68
$1,199.65
$1,205.65

to $280.85 + $924.83 = $461.26

$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
$10,590.59
$9,437.86

$8,279.37
$7,115.09
$5,944.98
$4,769.03
$3,587.19
$2,399.45
$1,205.77
$6.12
($1,199.53)

Listing of all debts

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

Monthly Income Needed???

Annual Income Needed???

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

Principal

# of Pmts
30
22
38
48
20
11
24
79
107

$ / mth
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
$3,282.86
$39,394.29

1430.71

2579.71

After 79 mths payment goes to $1149.00 + $1430.71 = $2,180.17

Real Debt
$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

Month
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

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

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

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

40
41
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

$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
$2,579.71
$2,579.71
$2,579.71

$478.55
$475.20
$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
$354.65
$350.68
$346.69
$342.67
$338.64
$334.59
$330.52
$319.27
$307.97

$670.45
$673.80
$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
$790.40
$794.35
$798.32
$802.31
$806.33
$810.36
$814.41
$2,249.19
$2,260.44
$2,271.74

83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107

$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71
$2,579.71

$296.61
$285.20
$273.72
$262.19
$250.61
$238.96
$227.26
$215.50
$203.67
$191.79
$179.85
$167.86
$155.80
$143.68
$131.50
$119.26
$106.95
$94.59
$82.16
$69.68
$57.13
$44.51
$31.84
$19.10
$6.29

$2,283.10
$2,294.51
$2,305.99
$2,317.52
$2,329.10
$2,340.75
$2,352.45
$2,364.21
$2,376.04
$2,387.92
$2,399.86
$2,411.85
$2,423.91
$2,436.03
$2,448.21
$2,460.45
$2,472.76
$2,485.12
$2,497.55
$2,510.03
$2,522.58
$2,535.20
$2,547.87
$2,560.61
$2,573.42

11.8 years

to $1149.00 + $1430.71 = $2,180.17

$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
$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
$70,929.91
$70,135.56
$69,337.24
$68,534.93
$67,728.60
$66,918.25
$66,103.84
$63,854.65
$61,594.21
$59,322.47

$57,039.37
$54,744.86
$52,438.87
$50,121.36
$47,792.25
$45,451.51
$43,099.05
$40,734.84
$38,358.80
$35,970.89
$33,571.03
$31,159.18
$28,735.26
$26,299.23
$23,851.01
$21,390.56
$18,917.80
$16,432.68
$13,935.14
$11,425.10
$8,902.52
$6,367.32
$3,819.45
$1,258.83
($1,314.58)

Listing of all debts

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

Monthly Income Needed???

Annual Income Needed???

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

Principal

# of Pmts
30
22
38
48
20
11
24
79
147

$ / mth
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
$3,282.86
$39,394.29

1430.71

After 48 mths payment goes to $582.82 + $847.89 = $2,180.17

Real Debt
$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

Month
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

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

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

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

40
41
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

$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71
1430.71

$324.33
$322.29
$320.22
$318.14
$316.05
$313.94
$311.81
$309.66
$307.50
$305.32
$296.41
$287.43
$278.38
$269.26
$260.06
$250.80
$241.45
$232.04
$222.55
$212.99
$203.35
$193.63
$183.84
$173.96
$164.01
$153.99
$143.88
$133.69
$123.42
$113.07
$102.64
$92.13
$81.53
$70.85
$60.09
$49.23
$38.30
$27.28
$16.16
$4.97

$258.49
$260.53
$262.60
$264.68
$266.77
$268.88
$271.01
$273.16
$275.32
$1,125.39
$1,134.30
$1,143.28
$1,152.33
$1,161.45
$1,170.65
$1,179.91
$1,189.26
$1,198.67
$1,208.16
$1,217.72
$1,227.36
$1,237.08
$1,246.87
$1,256.75
$1,266.70
$1,276.72
$1,286.83
$1,297.02
$1,307.29
$1,317.64
$1,328.07
$1,338.58
$1,349.18
$1,359.86
$1,370.62
$1,381.48
$1,392.41
$1,403.43
$1,414.55
$1,425.74

11.8 years

to $582.82 + $847.89 = $2,180.17

$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
$40,186.65
$39,921.98
$39,655.21
$39,386.32
$39,115.31
$38,842.16
$38,566.84
$37,441.45
$36,307.15
$35,163.87
$34,011.54
$32,850.09
$31,679.44
$30,499.53
$29,310.27
$28,111.60
$26,903.44
$25,685.72
$24,458.35
$23,221.27
$21,974.40
$20,717.65
$19,450.95
$18,174.23
$16,887.40
$15,590.38
$14,283.10
$12,965.46
$11,637.39
$10,298.81
$8,949.64
$7,589.78
$6,219.15
$4,837.68
$3,445.27
$2,041.83
$627.29
($798.46)

We will cut 40 months off of our

debt. Paying for a supposed 147
months debt in 107 due to our roll
over plan.

Listing of all debts

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

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

Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00

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

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

$207,840.00
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?

$3,282.86
$39,394.29

Real Debt
$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

4.

Retirement at 65
401K
NPER

30

Rate

10%

PMT

$150.00

Final Answer

$339,073.19