Your Personalized Savings Report

For: Shane S. Prepared By: Don Jorgensen Page 1

sorensenshane@gmail.com don@worthunlimited.com / (435) 640-2444 Sat Mar 17, 2018

Summary of Debts Discretionary Income Analysis

Name Balance Rate Payment Description Amount % of Income
Mortgage Debt (1) $396,196.00 3.24 % $2,612.46 Base Monthly Income $6,600.00 100.0 %
Loans (0) $0.00 0.00 % $0.00 Monthly Debt Payments $2,835.46 43.0 %
Credit Cards (1) $8,600.00 18.99 % $223.00 Other Monthly Expenses $3,664.54 55.5 %
Total $404,796.00 3.57 % $2,835.46 Monthly Discretionary Income $100.00 1.5 %

Having debt is no walk in the park!

This month you'll pay over $1,200 in interest alone. That's 58 % You'll spend $2.40 for every $1 you pay down in principal on your
of your monthly payment ...gone! debt this month.

On average over the next 26.9 years your bank's plan will cost you It will be April 2034 (16.2 years from now) before you have paid off
more than $600 per month in interest. half of your debt and you will still owe over $201,000.

What The Worth Account can do for you

Your Bank's Plan vs The Worth Account = You Save

Total Debt Payments

$614,605 $505,961 $108,644

That's 52 % more than your current vs This is the total amount you will pay to = That's a BIG TIP for the bank!
outstanding balance of $404,796! completely eliminate all of your listed debts. Let's make it 176 payments of $617.

Total Interest Payments

$209,809 $101,165 $108,644

That's 2.6 years worth of your entire income vs You would need an interest rate of 1.54 % to pay = Save 52 % in interest or 16 months
of $6,600/month just to cover the interest! this little interest on a new 30-year loan! worth of your entire income!

Projected Payoff

26.9 years 14.7 years 12.3 years

With 323 payments to go you'll still be making vs You'll be debt-free by October 2032 = What could you do with 147 months
payments in the year 2045! after only 176 payments. with NO monthly debt payments?

Wealth Accumulation

$0 $439,492 $439,492
You'll be making debt payments for the next 27 vs With The Worth Account, we'll use your = This is your savings with a 1 % return.
years instead of building wealth. 12.3 years saved to start building wealth! Imagine your savings at higher rates!

Why wait? Start saving today!

By getting started today you can save over $108,000 in interest By saving 12.3 years of debt payments you could build more than
payments over the next 14.7 years. $439,000 in wealth over that same time period!

Each month you delay getting started will cost you $617 on average over the next 14.7 years! Don't wait! Start now!

Debt-Free In Debt-Free By Years Saved Total Savings Avg. Savings/Mo

14.7 years Oct-2032 12.3 $108,644 $617

 Your Personalized Savings Report

For: Shane S. Prepared By: Don Jorgensen Page 2

sorensenshane@gmail.com don@worthunlimited.com / (435) 640-2444 Sat Mar 17, 2018

Amortization and Wealth Accumulation Schedule Debts to be Paid Off

Balance Balance with Name Balance Rate Payment
Year
As Scheduled The Worth Account Mortgage $396,196.00 3.24 % $2,612.46
today ($404,796.00) ($404,796.00) Credit Card $8,600.00 18.99 % $223.00
1 (2019) ($394,394.79) ($372,499.93) Total $404,796.00 3.57 % $2,835.46
2 (2020) ($383,807.58) ($350,518.36)
3 (2021) ($373,009.70) ($328,571.75)
4 (2022) ($361,977.89) ($305,103.92)
5 (2023) ($350,690.08) ($280,851.49) “Those who don't understand interest
6 (2024) ($339,125.16) ($254,246.49) are doomed to pay it...
7 (2025) ($327,262.87) ($228,354.88)
8 (2026) ($315,083.59) ($201,618.58)
9 (2027) ($302,568.25) ($173,999.21) ...Those who do are destined to earn it.”
10 (2028) ($289,698.16) ($145,464.44) - Author Unknown
11 (2029) ($276,454.96) ($117,522.22)
12 (2030) ($262,820.45) ($83,362.09)
13 (2031) ($248,776.57) ($51,881.02)
14 (2032) ($234,305.26) ($19,350.91)
15 (2033) ($219,388.44) $11,260.47
16 (2034) ($204,007.90) $45,267.86
17 (2035) ($188,121.10) $79,616.88
18 (2036) ($171,684.63) $114,310.98
19 (2037) ($154,674.71) $149,353.61
20 (2038) ($137,065.55) $184,748.28
21 (2039) ($118,897.94) $220,498.52
22 (2040) ($100,410.78) $256,607.91
23 (2041) ($81,316.24) $293,080.05
24 (2042) ($61,594.36) $329,918.59
25 (2043) ($41,224.52) $367,127.21
26 (2044) ($20,185.44) $404,709.62
26.9 (Jan 2045) ($292.94) $439,491.75

$500,000

$375,000
Bank's Plan:
Balance Due
$250,000
The Worth Account:
Balance Due
$125,000
The Worth Account:
Wealth Accumulation
$0
0 2 4 6 8 10 12 14 16 18 20 22 24 26

Debt-Free In Debt-Free By Years Saved Total Savings Avg. Savings/Mo

14.7 years Oct-2032 12.3 $108,644 $617