Académique Documents
Professionnel Documents
Culture Documents
Income Calculations
Salary
Brother Hopeful
Full time
$4,800
Sister Hopeful
Part time
$350
Total
$5,150
Income
Combined Take Home Pay
401k
Other charities
tithing
Mortgage1
Mortgage 2
laundry
Utilities
Gas
Cable
Home phone
medical insurance
Car insurance
Life Insurance
Internet
cell phones
Groceries
gifts
News paper
Bowling league
lessons
Credit card 1
Credit card 2
Credit card 3
Credit Union Loan
Gas Credit card
Medical Bills
Misc.
Car
Total Expenses
1
$5,150
$
2
$5,150
3
$5,150
4
$5,150
5
$5,150
150.00 $
150.00 $
150.00 $
150.00 $
150.00
$35
$35
$35
$35
$35
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
465.00
465.00
465.00
465.00
465.00
158.00
158.00
158.00
158.00
158.00
34.67 $
34.67 $
34.67 $
34.67 $
34.67
274.37 $
274.37 $
274.37 $
274.37 $
274.37
280.85 $
280.85 $
280.85 $
280.85 $
280.85
92.72 $
92.72 $
92.72 $
92.72 $
92.72
65.07 $
65.07 $
65.07 $
65.07 $
65.07
30.00 $
30.00 $
30.00 $
30.00 $
30.00
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00
$5,733
Surplus / (Deficit)
-$583
-$583
-$583
-$583
-$583
Total Savings/(Debt)
-$583
-$1,165
-$1,748
-$2,330
-$2,913
Recommendations for saving $100 to apply towards brother and Sister Hopefuls debt.
1. They can cut down on unnecessary expenses some examples of this would be tithing. The
payed 10%. They could also cut out their home phone, get rid of cable. They could do netflix
internet and can easily look up anything on the internet. Refinancing their home is also anoth
$339,073.19
6
$5,150
$
7
$5,150
8
$5,150
9
$5,150
10
$5,150
11
$5,150
12
$5,150
13
$5,150
150.00 $
150.00 $
150.00 $
150.00 $
150.00 $
150.00 $
150.00 $
$35
$35
$35
$35
$35
$35
$35
$35
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
465.00
465.00
465.00
465.00
465.00
465.00
465.00
465.00
158.00
158.00
158.00
158.00
158.00
158.00
158.00
158.00
34.67
34.67
34.67
34.67
34.67
34.67
34.67
34.67
274.37
274.37
274.37
274.37
274.37
274.37
274.37
274.37
280.85
280.85
280.85
280.85
280.85
280.85
280.85
280.85
92.72
92.72
92.72
92.72
92.72
92.72
92.72
92.72
65.07
65.07
65.07
65.07
65.07
65.07
65.07
65.07
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
200.00 $
$5,733
200.00
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
150.00
-$583
-$583
-$583
-$583
-$583
-$583
-$583
-$583
-$3,495
-$4,078
-$4,660
-$5,243
-$5,825
-$6,408
-$6,990
-$7,573
Hopefuls debt.
xamples of this would be tithing. They are paying an extra $100 to their tithing , they can save money here if they only
et rid of cable. They could do netflix for much cheaper and save money. They can get rid of the newspaper. They pay for
Refinancing their home is also another way to save money.
14
$5,150
$
15
$5,150
16
$5,150
17
$5,150
18
$5,150
19
$5,150
20
$5,150
21
$5,150
150.00 $
150.00 $
150.00 $
150.00 $
150.00 $
150.00 $
150.00 $
$35
$35
$35
$35
$35
$35
$35
$35
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
465.00
465.00
465.00
465.00
465.00
465.00
465.00
465.00
158.00
158.00
158.00
158.00
158.00
158.00
158.00
158.00
34.67
34.67
34.67
34.67
34.67
34.67
34.67
34.67
274.37
274.37
274.37
274.37
274.37
274.37
274.37
274.37
280.85
280.85
280.85
280.85
280.85
280.85
280.85
280.85
92.72
92.72
92.72
92.72
92.72
92.72
92.72
92.72
65.07
65.07
65.07
65.07
65.07
65.07
65.07
65.07
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
200.00 $
$5,733
200.00
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
150.00
-$583
-$583
-$583
-$583
-$583
-$583
-$583
-$583
-$8,155
-$8,738
-$9,320
-$9,903
-$10,485
-$11,068
-$11,650
-$12,233
22
$5,150
$
23
$5,150
24
$5,150
25
$5,150
26
$5,150
27
$5,150
28
Total
$5,150
$144,200
150.00 $
150.00 $
150.00 $
150.00 $
150.00 $
150.00 $
150.00 $
$35
$35
$35
$35
$35
$35
$35
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
$ 615.00
$ 1,149.00
$ 582.82
$
50.00
$ 275.00
$ 170.00
$
95.00
$
75.00
$ 200.00
$ 120.00
$
70.00
$
25.00
$
85.00
$ 450.00
$
15.00
$
35.00
$
85.00
465.00
465.00
465.00
465.00
465.00
465.00
465.00
$ 13,020.00
158.00
158.00
158.00
158.00
158.00
158.00
158.00
4,424.00
34.67
34.67
34.67
34.67
34.67
34.67
34.67
970.76
274.37
274.37
274.37
274.37
274.37
274.37
274.37
7,682.36
280.85
280.85
280.85
280.85
280.85
280.85
280.85
7,863.80
92.72
92.72
92.72
2,225.28
65.07
65.07
65.07
65.07
65.07
65.07
65.07
1,821.96
30.00
30.00
30.00
30.00
30.00
30.00
30.00
840.00
200.00 $
$5,640
200.00
$5,640
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,733
200.00 $
$5,640
200.00 $
$5,640
4,200.00
$980
$ 17,220.00
$ 32,172.00
$ 16,318.96
$
1,400.00
7,700.00
4,760.00
2,660.00
2,100.00
5,600.00
3,360.00
1,960.00
700.00
2,380.00
$ 12,600.00
$
420.00
980.00
2,380.00
5,600.00
$160,139
-$583
-$583
-$583
-$490
-$490
-$490
-$490
-$15,939
-$12,815
-$13,398
-$13,980
-$14,470
-$14,960
-$15,449
-$15,939
-$235,568
Rate
12.0%
15.0%
11.0%
6.0%
7.0%
12.0%
15.0%
9.5%
6.0%
Total Debt
Principal
$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
# of Pmts
48
36
60
84
28
24
36
142
147
$216,915.80
$ / mth
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
Real Debt
$7,584.00
$1,248.12
$16,462.20
$23,591.40
$5,600.00
$2,225.28
$2,342.52
$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 #3
Credit Card #1
Credit Card #2
Furniture Loan
Home Equity Loan
Car Loan
Mortgage
Rate
12.0%
12.0%
18.0%
10.0%
11.0%
9.0%
7.0%
Total Debt
Monthly Income Needed???
Annual Income Needed???
Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00
$207,840.00
# of Pmts
12
24
36
48
84
60
360
$ / mth
$74.63
$70.61
$126.53
$139.49
$154.10
$467.06
$1,097.75
Real Debt
$895.56
$1,694.64
$4,555.08
$6,695.52
$12,944.40
$28,023.60
$395,190.00
$2,130.17
$449,998.80
$6,086.20
$73,034.40
Month
1
2
3
4
5
6
7
8
Payment
$134.67
$134.67
$134.67
$134.67
$134.67
$134.67
$134.67
$134.67
15.0%
Interest
$12.50
$10.97
$9.43
$7.86
$6.28
$4.67
$3.05
$1.40
Principal
$122.17
$123.70
$125.24
$126.81
$128.39
$130.00
$131.62
$133.27
$1,000.00
Remaining Balance
$877.83
$754.13
$628.89
$502.08
$373.69
$243.69
$112.06
($21.21)
Debt
Credit Card #3
Credit Card #1
Credit Card #2
Furniture Loan
Home Equity Loan
Car Loan
Mortgage
Rate
12.0%
12.0%
18.0%
10.0%
11.0%
9.0%
7.0%
Total Debt
Monthly Income Needed???
Annual Income Needed???
Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00
$207,840.00
# of Pmts
12
24
36
48
84
60
360
$ / mth
$74.63
$70.61
$126.53
$139.49
$154.10
$467.06
$1,097.75
Real Debt
$895.56
$1,694.64
$4,555.08
$6,695.52
$12,944.40
$28,023.60
$395,190.00
$2,130.17
$449,998.80
$6,086.20
$73,034.40
199.74
Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Payment
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$199.74
$199.74
$199.74
$199.74
$199.74
$199.74
$199.74
$199.74
$199.74
15.0%
Interest
$23.46
$22.94
$22.42
$21.88
$21.34
$20.80
$20.24
$19.68
$19.11
$16.86
$14.57
$12.26
$9.91
$7.54
$5.14
$2.70
$0.24
Principal
$41.61
$42.13
$42.65
$43.19
$43.73
$44.27
$44.83
$45.39
$180.63
$182.88
$185.17
$187.48
$189.83
$192.20
$194.60
$197.04
$199.50
$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
$1,348.55
$1,165.67
$980.50
$793.01
$603.19
$410.99
$216.38
$19.35
($180.15)
= $199.74
Debt
Credit Card #3
Credit Card #1
Credit Card #2
Furniture Loan
Home Equity Loan
Car Loan
Mortgage
Rate
12.0%
12.0%
18.0%
10.0%
11.0%
9.0%
7.0%
Total Debt
Monthly Income Needed???
Annual Income Needed???
Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00
$207,840.00
# of Pmts
12
24
36
48
84
60
360
$ / mth
$74.63
$70.61
$126.53
$139.49
$154.10
$467.06
$1,097.75
Real Debt
$895.56
$1,694.64
$4,555.08
$6,695.52
$12,944.40
$28,023.60
$395,190.00
$2,130.17
$449,998.80
$6,086.20
$73,034.40
292.46
Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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
$292.46
$292.46
$292.46
12.0%
Interest
$19.70
$18.97
$18.23
$17.49
$16.73
$15.97
$15.21
$14.43
$13.65
$12.86
$12.06
$11.25
$10.44
$9.61
$8.78
$7.94
$7.10
$6.24
$3.38
$0.49
Principal
$73.02
$73.75
$74.49
$75.23
$75.99
$76.75
$77.51
$78.29
$79.07
$79.86
$80.66
$81.47
$82.28
$83.11
$83.94
$84.78
$85.62
$286.22
$289.08
$291.97
$1,969.78
Remaining Balance
$1,896.76
$1,823.01
$1,748.52
$1,673.28
$1,597.29
$1,520.55
$1,443.03
$1,364.74
$1,285.67
$1,205.81
$1,125.14
$1,043.68
$961.39
$878.29
$794.35
$709.57
$623.95
$337.73
$48.65
($243.33)
Debt
Credit Card #3
Credit Card #1
Credit Card #2
Furniture Loan
Home Equity Loan
Car Loan
Mortgage
Rate
12.0%
12.0%
18.0%
10.0%
11.0%
9.0%
7.0%
Total Debt
Monthly Income Needed???
Annual Income Needed???
Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00
$207,840.00
# of Pmts
12
24
36
48
84
60
360
$ / mth
$74.63
$70.61
$126.53
$139.49
$154.10
$467.06
$1,097.75
Real Debt
$895.56
$1,694.64
$4,555.08
$6,695.52
$12,944.40
$28,023.60
$395,190.00
$2,130.17
$449,998.80
$6,086.20
$73,034.40
492.46
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
$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
$492.46
$492.46
$492.46
$492.46
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
$18.07
$17.01
$15.94
$14.87
$13.79
$12.70
$11.61
$10.51
$9.40
$6.58
$3.75
$0.90
Principal
$169.67
$170.66
$171.65
$172.65
$173.66
$174.67
$175.69
$176.72
$177.75
$178.78
$179.83
$180.88
$181.93
$182.99
$184.06
$185.13
$186.21
$187.30
$188.39
$189.49
$483.06
$485.88
$488.71
$491.56
$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
$3,097.39
$2,915.46
$2,732.47
$2,548.41
$2,363.27
$2,177.06
$1,989.76
$1,801.36
$1,611.87
$1,128.81
$642.94
$154.23
($337.33)
Debt
Credit Card #3
Credit Card #1
Credit Card #2
Furniture Loan
Home Equity Loan
Car Loan
Mortgage
Rate
12.0%
12.0%
18.0%
10.0%
11.0%
9.0%
7.0%
Total Debt
Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00
# of Pmts
12
24
36
48
84
60
360
$207,840.00
$ / mth
$74.63
$70.61
$126.53
$139.49
$154.10
$467.06
$1,097.75
Real Debt
$895.56
$1,694.64
$4,555.08
$6,695.52
$12,944.40
$28,023.60
$395,190.00
$2,130.17
$449,998.80
$6,086.20
$73,034.40
650.46
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
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
$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
$32.32
$26.14
$19.90
$13.59
$7.22
$0.79
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
$124.43
$618.14
$624.32
$630.56
$636.87
$643.24
$649.67
$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
$3,232.17
$2,614.03
$1,989.71
$1,359.15
$722.28
$79.04
($570.63)
Debt
Credit Card #3
Credit Card #1
Credit Card #2
Furniture Loan
Home Equity Loan
Car Loan
Mortgage
Rate
12.0%
12.0%
18.0%
10.0%
11.0%
9.0%
7.0%
Total Debt
Monthly Income Needed???
Annual Income Needed???
Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00
$207,840.00
# of Pmts
12
24
36
48
84
60
360
$ / mth
$74.63
$70.61
$126.53
$139.49
$154.10
$467.06
$1,097.75
Real Debt
$895.56
$1,694.64
$4,555.08
$6,695.52
$12,944.40
$28,023.60
$395,190.00
$2,130.17
$449,998.80
$6,086.20
$73,034.40
924.83
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
$724.61
$724.61
$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
$61.58
$55.50
$47.53
$39.49
$31.37
$23.18
$14.92
$6.58
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
$657.01
$663.03
$869.33
$877.30
$885.34
$893.46
$901.65
$909.91
$918.25
$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
$6,717.54
$6,054.50
$5,185.17
$4,307.87
$3,422.53
$2,529.07
$1,627.43
$717.52
($200.74)
Debt
Credit Card #3
Credit Card #1
Credit Card #2
Furniture Loan
Home Equity Loan
Car Loan
Mortgage
Rate
12.0%
12.0%
18.0%
10.0%
11.0%
9.0%
7.0%
Total Debt
Monthly Income Needed???
Annual Income Needed???
Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00
$207,840.00
# of Pmts
12
24
36
48
84
60
360
$ / mth
$74.63
$70.61
$126.53
$139.49
$154.10
$467.06
$1,097.75
Real Debt
$895.56
$1,694.64
$4,555.08
$6,695.52
$12,944.40
$28,023.60
$395,190.00
$2,130.17
$449,998.80
$6,086.20
$73,034.40
1205.68
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
$280.85
$280.85
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
$57.58
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
$222.16
$223.27
$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
$11,292.15
40
41
42
43
44
45
46
47
48
49
$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
$56.46
$50.71
$44.94
$39.14
$33.30
$27.44
$21.55
$15.63
$9.68
$3.70
$1,149.22
$1,154.97
$1,160.74
$1,166.54
$1,172.38
$1,178.24
$1,184.13
$1,190.05
$1,196.00
$1,201.98
$10,142.93
$8,987.96
$7,827.22
$6,660.68
$5,488.30
$4,310.06
$3,125.93
$1,935.88
$739.88
($462.10)
Debt
Credit Card #3
Credit Card #1
Credit Card #2
Furniture Loan
Home Equity Loan
Car Loan
Mortgage
Rate
12.0%
12.0%
18.0%
10.0%
11.0%
9.0%
7.0%
Total Debt
Monthly Income Needed???
Annual Income Needed???
Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00
$207,840.00
# of Pmts
12
24
36
48
84
60
360
$ / mth
$74.63
$70.61
$126.53
$139.49
$154.10
$467.06
$1,097.75
Real Debt
$895.56
$1,694.64
$4,555.08
$6,695.52
$12,944.40
$28,023.60
$395,190.00
$2,130.17
$449,998.80
$6,086.20
$73,034.40
1788.5
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
$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
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
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$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
$324.33
$322.29
$320.22
$318.14
$316.05
$313.94
$311.81
$309.66
$307.50
$305.32
$303.12
$291.36
$279.51
$267.57
$255.53
$243.39
$231.16
$218.83
$206.40
$193.88
$181.25
$168.53
$155.70
$142.78
$129.75
$116.62
$103.38
$90.04
$76.59
$63.04
$49.38
$35.61
$21.74
$7.75
$258.49
$260.53
$262.60
$264.68
$266.77
$268.88
$271.01
$273.16
$275.32
$277.50
$1,485.38
$1,497.14
$1,508.99
$1,520.93
$1,532.97
$1,545.11
$1,557.34
$1,569.67
$1,582.10
$1,594.62
$1,607.25
$1,619.97
$1,632.80
$1,645.72
$1,658.75
$1,671.88
$1,685.12
$1,698.46
$1,711.91
$1,725.46
$1,739.12
$1,752.89
$1,766.76
$1,780.75
$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
$38,289.34
$36,803.96
$35,306.83
$33,797.84
$32,276.90
$30,743.93
$29,198.82
$27,641.48
$26,071.80
$24,489.71
$22,895.08
$21,287.84
$19,667.86
$18,035.07
$16,389.35
$14,730.60
$13,058.71
$11,373.59
$9,675.13
$7,963.23
$6,237.77
$4,498.65
$2,745.77
$979.01
($801.74)
Debt
Credit Card #3
Credit Card #1
Credit Card #2
Furniture Loan
Home Equity Loan
Car Loan
Mortgage
Rate
12.0%
12.0%
18.0%
10.0%
11.0%
9.0%
7.0%
Total Debt
Monthly Income Needed???
Annual Income Needed???
Principal
$840.00
$1,500.00
$3,500.00
$5,500.00
$9,000.00
$22,500.00
$165,000.00
$207,840.00
# of Pmts
12
24
36
48
84
60
360
$ / mth
$74.63
$70.61
$126.53
$139.49
$154.10
$467.06
$1,097.75
Real Debt
$895.56
$1,694.64
$4,555.08
$6,695.52
$12,944.40
$28,023.60
$395,190.00
$2,130.17
$449,998.80
$6,086.20
$73,034.40
2937.5
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
$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
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
$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
$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
$341.74
$328.76
$315.71
$302.60
$289.43
$276.19
$262.88
$249.51
$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
$2,582.85
$2,595.76
$2,608.74
$2,621.79
$2,634.90
$2,648.07
$2,661.31
$2,674.62
$2,687.99
$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
$68,347.06
$65,751.30
$63,142.56
$60,520.77
$57,885.87
$55,237.80
$52,576.49
$49,901.87
$47,213.88
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
$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
$236.07
$222.56
$208.99
$195.35
$181.63
$167.85
$154.01
$140.09
$126.10
$112.05
$97.92
$83.72
$69.45
$55.11
$40.70
$26.21
$11.66
$2,701.43
$2,714.94
$2,728.51
$2,742.15
$2,755.87
$2,769.65
$2,783.49
$2,797.41
$2,811.40
$2,825.45
$2,839.58
$2,853.78
$2,868.05
$2,882.39
$2,896.80
$2,911.29
$2,925.84
$44,512.45
$41,797.51
$39,069.00
$36,326.85
$33,570.98
$30,801.34
$28,017.84
$25,220.43
$22,409.03
$19,583.58
$16,744.00
$13,890.22
$11,022.17
$8,139.78
$5,242.98
$2,331.69
($594.15)