12 Month Budget Example

Name
Section

PT Hours
Brother H.
Sister H.
Total

Income
Gross Combined Income
Combined Take Home Pay
Expenses
401k
Contributions
Food
Kid Lessons
Laundry
Dry cleaning
Insurance: life
Insurance: Medical
Insurance: Car
Internet
Cable
Utilities
Home Phone
Cell Phone (2)
Gas
Bowling League
Newspaper
Gifts
Misc.

Income Calculations
PT Salary FT Hours FT Salary
$4,800
$350
$350
$4,800

567.6
516
1083.6
Total month's income
$5,150

Month
$5,150

$150
$650
$450
$155
$30
$20
$70
$200
$120
$25

$95
$275
$75
$85
$170
$85
$35
$15
$30

Total Expenses

$2,585

Surplus / (Deficit)

$2,565

Total Savings/(Debt)

$2,565

Amount
$6,000.00
$1,000.00
$12,619.08
$19,225.00

APR %
12.0%
15.0%
11.0%
6.0%

Payments
Current Remainin
Payment
g
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

$1,969.78
$1,876.97
$49,612.40
$119,412.57

12.0%
$92.72
15.0%
$65.07
9.5%
$582.82
6.0% $1,149.00

$211,715.80

$2,637.50

24
36
142
147

Total debt

$905.68

$586.32

Gas Credit Card

Medical Bill
2nd Mortgage
1st Mortgage

12 Month Budget Example

Name Brandon Rottler, Savannah Englehart, Jake Yang, Riley Reaves

= what was changed

Brother H.
Sister H.
Total

Income
Gross Combined Income
Combined Take Home Pay
Expenses
401k
Contributions
Food
Kid Lessons
Laundry
Dry cleaning
Insurance: life
Insurance: Medical
Insurance: Car
Internet
Cable
Utilities
Home Phone
Cell Phone (2)
Gas
Bowling League
Gifts
Newspaper
Misc.

4800
350
5150

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

$5,150

$5,150

$5,150

$5,150

$5,150

$5,150

$5,150

$5,150

$5,150

$5,150

$5,150

$5,150

$150
$615

$616

$617

$618

$619

$620

$621

$622

$623

$624

$625

$626

$450

$450

$450

$450

$450

$450

$450

$450

$450

$450

$450

$450

$30

$30

$30

$30

$30

$30

$30

$30

$30

$30

$30

$30

$70
$200

$70
$200

$70
$200

$70
$200

$70
$200

$70
$200

$70
$200

$70
$200

$70
$200

$70
$200

$70
$200

$70
$200

$60
$25

$60
$25

$60
$25

$60
$25

$60
$25

$60
$25

$60
$25

$60
$25

$60
$25

$60
$25

$60
$25

$60
$25

$275

$275

$275

$275

$275

$275

$275

$275

$275

$275

$275

$275

$1.67
$85

$1.67
$85

$1.67
$85

$1.67
$85

$1.67
$85

$1.67
$85

$1.67
$85

$1.67
$85

$1.67
$85

$1.67
$85

$1.67
$85

$1.67
$85

$85

$85

$85

$85

$85

$85

$85

$85

$85

$85

$85

$85

$30

$30

$30

$30

$30

$30

$30

$30

$30

$30

$30

$30

Total Expenses

$1,927

$1,928

$1,929

$1,930

$1,931

$1,932

$1,933

$1,934

$1,935

$1,936

$1,937

$1,938

Surplus / (Deficit)

$3,223

$3,222

$3,221

$3,220

$3,219

$3,218

$3,217

$3,216

$3,215

$3,214

$3,213

$3,212

Total Savings/(Debt)

$3,223

$6,446

$9,667

$12,887

$16,107

$19,325

$22,542

$25,759

$28,974

$32,188

$35,402

$38,614

$0

AFTER 75 Months
all debts will be paid off, and the
Hopeful Family would have
money to then spend on their
family once again.

Listing of all debts

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

Payments
APR % Current Payment Remaining Description

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

$216,915.80

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

48
36
60
84
28
24
36
142
147

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

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?

$2,837.50
$34,050.00

1.
2.
3.
4.

Develop a budget
Cut up the credit cards
Find an extra $50 / month
Put together a "roll over plan"
$2,701.54
2701.54

Listing of all debts

Debt
Gas Credit Card
Credit Card #3
Credit Union Loan
Car Loan
Gas Credit Card
Medical Bill
2nd Mortgage
1st Mortgage
0

Rate
12.0%
11.0%
6.0%
7.0%
12.0%
15.0%
9.5%
6.0%
0.0%

Principal
$1,969.78
12619.08
19225
5200
1969.78
1876.97
49612.4
119412.57
0

# of Pmts
24
60
84
28
24
36
142
147
0

$ / mth
$92.72
274.37
280.85
200
92.72
65.07
582.82
1149
0

Real Debt
$2,225.28
$16,462.20
$23,591.40
$5,600.00
$2,225.28
$2,342.52
$82,760.44
$168,903.00
$0.00

2837.5
3223
385.5
$385.50

First Debt = $74.63 + $100.00 = $124.63

Month
1
2
3
4
5
6

Payment
$478.22
$659.87
$666.35
$585.50
($378.34)
$0.00
$963.84

12.0%
Interest
$19.70
$15.11
$8.67
$2.09
($3.75)
$0.00

Principal
$458.52
$644.76
$657.68
$583.41
($374.60)
$0.00

$1,969.78
Remaining Balance
$1,511.26
$866.50
$208.82
($374.60)
$0.00
$0.00

Listing of all debts

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

Rate
12%
7%
15%
15%
12%
11%
6%
10%
6%

Principal
$1,969.78
$5,200.00
$1,000.00
$1,876.97
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

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

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

$
$
$
$
$
$
$
$
$

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

650.57

Second Debt, after 7 mths payment goes to $70.61 + $124.63 = $195.24

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

Payment
$200.00
$200.00
$200.00
$200.00
$1,163.84
$785.50
$785.50
$785.50
$785.50
$785.50
$785.50
($1,291.93)
$0.00
$2,077.43

7.0%
Interest Principal
$30.33
$169.67
$29.34
$170.66
$28.35
$171.65
$27.35
$172.65
$26.34 $1,137.50
$19.70
$765.80
$15.24
$770.26
$10.74
$774.76
$6.22
$779.28
$1.68
$783.82
($2.89)
$788.39
($7.49) ($1,284.44)
$0.00
$0.00

$5,200.00
Remaining Balance
$5,030.33
$4,859.68
$4,688.03
$4,515.37
$3,377.87
$2,612.07
$1,841.81
$1,067.05
$287.78
($496.04)
($1,284.44)
$0.00
$0.00

= $195.24

Listing of all debts

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

Rate
12%
7%
15%
15%
12%
11%
6%
10%
6%

Principal
$1,969.78
$5,200.00
$1,000.00
$1,876.97
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

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

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

$650.57
158.19
$492.38

$
$
$
$
$
$
$
$
$

Real Debt
2,225.28
5,600.00
1,248.12
2,342.52
7,584.00
16,462.20
23,591.40
82,760.44
168,903.00
$0.00

3rd Debt, after 13 mths payment goes to $126.53 + $195.24 = $321.77

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

Payment
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$34.67
$1,977.17
($1,242.96)
$0.00
($557.72)

15.0%
Interest Principal
$12.50
$22.17
$12.22
$22.45
$11.94
$22.73
$11.66
$23.01
$11.37
$23.30
$11.08
$23.59
$10.78
$23.89
$10.49
$24.18
$10.18
$24.49
$9.88
$24.79
$9.57
$25.10
$9.25 $1,967.91
($15.35) ($1,227.61)
$0.00
$0.00

$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
($1,227.61)
$0.00
$0.00

Listing of all debts

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

Rate
12%
7%
15%
15%
12%
11%
6%
10%
6%

Principal
$1,969.78
$5,200.00
$1,000.00
$1,876.97
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

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

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

$
$
$
$
$
$
$
$
$

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

975.6
1053.36

910.53

92.6
$1,053.36
$1,145.96

4th Debt, after 21 mths payment goes to $139.49 + $321.77 = $461.26

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

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
$2,218.56
($870.66)

15.0%
Interest Principal
$23.46
$41.61
$22.94
$42.13
$22.42
$42.65
$21.88
$43.19
$21.34
$43.73
$20.80
$44.27
$20.24
$44.83
$19.68
$45.39
$19.11
$45.96
$18.54
$46.53
$17.96
$47.11
$17.37
$47.70
$16.77 $2,201.78
($10.75) ($859.91)

$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
($859.91)
$0.00

Listing of all debts

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

Rate
12%
7%
15%
15%
12%
11%
6%
10%
6%

Principal
$1,969.78
$5,200.00
$1,000.00
$1,876.97
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

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

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

$
$
$
$
$
$
$
$
$

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

After 28 mths payment goes to $154.10 + $461.26 = $615.36

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

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
($712.66)
$1,133.60
$1,133.60
$1,133.60
$2,156.04
$0.00

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
$54.06
$43.26
$32.36
$21.35
$0.00

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
($759.12)
$1,079.54
$1,090.34
$1,101.24
$2,134.69
$0.00

$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
$5,405.81
$4,326.27
$3,235.93
$2,134.69
$0.00
$0.00

Listing of all debts

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

Rate
12%
7%
15%
15%
12%
11%
6%
10%
6%

Principal
$1,969.78
$5,200.00
$1,000.00
$1,876.97
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

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

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

$
$
$
$
$
$
$
$
$

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

$1,407.97
$414.86
$993.11

After 40 mths payment goes to $467.06 + $615.36 = $1,082.42

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

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
$798.90
$1,407.97
$1,407.97
$1,407.97
$1,407.97
$1,407.97
$1,407.97
$1,407.97
$414.86
$0.00

15.0%
Interest
$157.74
$156.28
$154.80
$153.31
$151.80
$150.26
$148.71
$147.14
$145.55
$143.94
$142.31
$140.66
$138.99
$137.30
$135.58
$133.85
$132.09
$130.31
$121.96
$105.88
$89.61
$73.13
$56.44
$39.55
$22.44
$5.12
$0.00

Principal
$116.63
$118.09
$119.57
$121.06
$122.57
$124.11
$125.66
$127.23
$128.82
$130.43
$132.06
$133.71
$135.38
$137.07
$138.79
$140.52
$142.28
$668.59
$1,286.01
$1,302.09
$1,318.36
$1,334.84
$1,351.53
$1,368.42
$1,385.53
$409.74
$0.00

$12,619.08
Remaining Balance
$12,502.45
$12,384.36
$12,264.79
$12,143.73
$12,021.16
$11,897.05
$11,771.40
$11,644.17
$11,515.35
$11,384.92
$11,252.87
$11,119.16
$10,983.78
$10,846.70
$10,707.92
$10,567.40
$10,425.12
$9,756.53
$8,470.52
$7,168.43
$5,850.07
$4,515.22
$3,163.69
$1,795.27
$409.74
$0.00
$0.00

Listing of all debts

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

Rate
12%
7%
15%
15%
12%
11%
6%
10%
6%

Principal
$1,969.78
$5,200.00
$1,000.00
$1,876.97
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

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

$ / mth
$92.72
$200.00
$34.67
$65.07
$158.00
$274.37
$280.85
$582.82
$1,149.00
$296.12

$
$
$
$
$
$
$
$
$

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

$1,984.94
$1,908.75
$76.19

After 48 mths payment goes to $1,097.75 + $1,082.42 = $2,180.17

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
$576.97
$1,570.08
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94

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
$351.40
$341.75
$328.74
$315.63
$302.41
$289.09
$275.67
$262.14
$248.50
$234.75
$220.89
$206.93
$192.85
$178.67

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
$223.80
$1,218.68
$1,643.19
$1,656.20
$1,669.31
$1,682.53
$1,695.85
$1,709.27
$1,722.80
$1,736.44
$1,750.19
$1,764.05
$1,778.01
$1,792.09
$1,806.27

$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
$44,386.86
$43,168.18
$41,524.98
$39,868.78
$38,199.47
$36,516.94
$34,821.10
$33,111.82
$31,389.02
$29,652.57
$27,902.38
$26,138.34
$24,360.33
$22,568.24
$20,761.96

40
41
42
43
44
45
46
47
48
49
50
51

$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,984.94
$1,908.75
$0.00

$164.37
$149.95
$135.43
$120.78
$106.03
$91.15
$76.16
$61.05
$45.82
$30.47
$14.99
$0.00

$1,820.57
$1,834.99
$1,849.51
$1,864.16
$1,878.91
$1,893.79
$1,908.78
$1,923.89
$1,939.12
$1,954.47
$1,893.76
$0.00

$18,941.39
$17,106.40
$15,256.89
$13,392.73
$11,513.82
$9,620.03
$7,711.25
$5,787.36
$3,848.23
$1,893.76
$0.00
$0.00

Listing of all debts

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

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

Principal
$1,969.78
$5,200.00
$1,000.00
$1,876.97
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

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

$ / mth
$92.72
$200.00
$34.67
$65.07
$158.00
$274.37
$280.85
$582.82
$1,149.00
$296.12

$
$
$
$
$
$
$
$
$

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

$300.00

$0.00

$2,567.76
$1,986.20
$581.56

After 48 mths payment goes to $1,097.75 + $1,082.42 = $2,180.17

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

$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$659.01
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$2,567.76
$1,986.20
$0.00

$324.33
$322.29
$320.22
$318.14
$316.05
$313.94
$311.81
$309.66
$307.50
$305.32
$303.12
$300.31
$282.36
$264.26
$246.03
$227.65
$209.12
$190.45
$171.63
$152.66
$133.54
$114.27
$94.84
$75.27
$55.53
$35.65
$15.60
$0.00

$258.49
$260.53
$262.60
$264.68
$266.77
$268.88
$271.01
$273.16
$275.32
$277.50
$355.89
$2,267.45
$2,285.40
$2,303.50
$2,321.73
$2,340.11
$2,358.64
$2,377.31
$2,396.13
$2,415.10
$2,434.22
$2,453.49
$2,472.92
$2,492.49
$2,512.23
$2,532.11
$1,970.60
$0.00

$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
$37,933.45
$35,666.00
$33,380.59
$31,077.09
$28,755.36
$26,415.25
$24,056.61
$21,679.30
$19,283.17
$16,868.06
$14,433.84
$11,980.35
$9,507.43
$7,014.94
$4,502.72
$1,970.60
$0.00
$0.00

Listing of all debts

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

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

Principal
$1,969.78
$5,200.00
$1,000.00
$1,876.97
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

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

$ / mth
$92.72
$200.00
$34.67
$65.07
$158.00
$274.37
$280.85
$582.82
$1,149.00
$296.12

$
$
$
$
$
$
$
$
$

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

$300.00

$0.00

6.25

$2,701.54

After 48 mths payment goes to $1,097.75 + $1,082.42 = $2,180.17

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

$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
$1,225.19
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,133.94
$3,715.50
$5,701.54
$5,701.54
$5,701.54
$5,701.54
$5,701.54
$5,701.54
$5,701.54
$3,761.20
$0.00

$478.55
$475.20
$471.83
$468.44
$465.04
$461.62
$458.18
$454.73
$451.26
$447.77
$444.26
$440.36
$426.89
$413.36
$399.75
$386.08
$372.34
$358.53
$344.66
$330.71
$316.70
$302.61
$288.45
$274.22
$259.93
$245.56
$231.11
$213.69
$186.25
$158.68
$130.96
$103.11
$75.12
$46.99
$18.71
$0.00

$670.45
$673.80
$677.17
$680.56
$683.96
$687.38
$690.82
$694.27
$697.74
$701.23
$780.93
$2,693.58
$2,707.05
$2,720.58
$2,734.19
$2,747.86
$2,761.60
$2,775.41
$2,789.28
$2,803.23
$2,817.24
$2,831.33
$2,845.49
$2,859.72
$2,874.01
$2,888.38
$3,484.39
$5,487.85
$5,515.29
$5,542.86
$5,570.58
$5,598.43
$5,626.42
$5,654.55
$3,742.49
$0.00

$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
$88,071.81
$85,378.23
$82,671.18
$79,950.60
$77,216.41
$74,468.55
$71,706.95
$68,931.55
$66,142.27
$63,339.04
$60,521.79
$57,690.46
$54,844.97
$51,985.26
$49,111.24
$46,222.86
$42,738.47
$37,250.63
$31,735.34
$26,192.48
$20,621.90
$15,023.47
$9,397.05
$3,742.49
$0.00
$0.00

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

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

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

Principal
$1,969.78
$5,200.00
$1,000.00
$1,876.97
$6,000.00
$12,619.08
$19,225.00
$49,612.40
$119,412.57

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

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

$
$
$
$
$
$
$
$
$

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

576.75

More interest
than payment

Totals

After 142 mths payment of $2,180.17 goes into an investment until month 360.

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
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00

10.0%
Interest
$0.00
$2.50
$5.02
$7.56
$10.13
$12.71
$15.32
$17.94
$20.59
$23.26
$25.96
$28.67
$31.41
$34.18
$36.96
$39.77
$42.60
$45.45
$48.33
$51.24
$54.16
$57.11
$60.09
$63.09
$66.12
$69.17
$72.24
$75.35
$78.47
$81.63
$84.81
$88.02
$91.25
$94.51
$97.80
$101.11
$104.45
$107.83
$111.22

Ttl Investment
$300.00
$302.50
$305.02
$307.56
$310.13
$312.71
$315.32
$317.94
$320.59
$323.26
$325.96
$328.67
$331.41
$334.18
$336.96
$339.77
$342.60
$345.45
$348.33
$351.24
$354.16
$357.11
$360.09
$363.09
$366.12
$369.17
$372.24
$375.35
$378.47
$381.63
$384.81
$388.02
$391.25
$394.51
$397.80
$401.11
$404.45
$407.83
$411.22

$0.00
Ending Balance
$300.00
$602.50
$907.52
$1,215.08
$1,525.21
$1,837.92
$2,153.24
$2,471.18
$2,791.77
$3,115.04
$3,441.00
$3,769.67
$4,101.08
$4,435.26
$4,772.22
$5,111.99
$5,454.59
$5,800.04
$6,148.38
$6,499.61
$6,853.78
$7,210.89
$7,570.98
$7,934.07
$8,300.19
$8,669.36
$9,041.60
$9,416.95
$9,795.43
$10,177.05
$10,561.86
$10,949.88
$11,341.13
$11,735.64
$12,133.43
$12,534.55
$12,939.00
$13,346.83
$13,758.05

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

$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00

$114.65
$118.11
$121.59
$125.10
$128.65
$132.22
$135.82
$139.45
$143.11
$146.81
$150.53
$154.28
$158.07
$161.89
$165.74
$169.62
$173.53
$177.48
$181.46
$185.47
$189.51
$193.59
$197.71
$201.85
$206.04
$210.25
$214.50
$218.79
$223.12
$227.47
$231.87
$236.30
$240.77
$245.28
$249.82
$254.40
$284.02
$313.89
$344.01
$374.37
$404.99
$435.87
$467.00

$414.65
$418.11
$421.59
$425.10
$428.65
$432.22
$435.82
$439.45
$443.11
$446.81
$450.53
$454.28
$458.07
$461.89
$465.74
$469.62
$473.53
$477.48
$481.46
$485.47
$489.51
$493.59
$497.71
$501.85
$506.04
$510.25
$514.50
$518.79
$523.12
$527.47
$531.87
$536.30
$540.77
$545.28
$549.82
$3,554.40
$3,584.02
$3,613.89
$3,644.01
$3,674.37
$3,704.99
$3,735.87
$3,767.00

$14,172.70
$14,590.81
$15,012.40
$15,437.50
$15,866.14
$16,298.36
$16,734.18
$17,173.63
$17,616.75
$18,063.55
$18,514.08
$18,968.37
$19,426.44
$19,888.32
$20,354.06
$20,823.68
$21,297.21
$21,774.68
$22,256.14
$22,741.61
$23,231.12
$23,724.71
$24,222.42
$24,724.27
$25,230.31
$25,740.56
$26,255.07
$26,773.86
$27,296.97
$27,824.45
$28,356.32
$28,892.62
$29,433.39
$29,978.67
$30,528.49
$34,082.90
$37,666.92
$41,280.81
$44,924.82
$48,599.19
$52,304.19
$56,040.06
$59,807.06

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
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125

$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00

$498.39
$530.05
$561.96
$594.15
$626.60
$659.32
$692.31
$725.58
$759.13
$792.95
$827.06
$861.45
$896.13
$931.10
$966.36
$1,001.91
$1,037.76
$1,073.91
$1,110.36
$1,147.11
$1,184.17
$1,221.54
$1,259.22
$1,297.21
$1,335.52
$1,374.15
$1,413.10
$1,452.38
$1,491.98
$1,531.92
$1,572.18
$1,612.78
$1,653.72
$1,695.00
$1,736.63
$1,778.60
$1,820.92
$1,863.60
$1,906.63
$1,950.02
$1,993.77
$2,037.88
$2,082.36

$3,798.39
$3,830.05
$3,861.96
$3,894.15
$3,926.60
$3,959.32
$3,992.31
$4,025.58
$4,059.13
$4,092.95
$4,127.06
$4,161.45
$4,196.13
$4,231.10
$4,266.36
$4,301.91
$4,337.76
$4,373.91
$4,410.36
$4,447.11
$4,484.17
$4,521.54
$4,559.22
$4,597.21
$4,635.52
$4,674.15
$4,713.10
$4,752.38
$4,791.98
$4,831.92
$4,872.18
$4,912.78
$4,953.72
$4,995.00
$5,036.63
$5,078.60
$5,120.92
$5,163.60
$5,206.63
$5,250.02
$5,293.77
$5,337.88
$5,382.36

$63,605.45
$67,435.49
$71,297.46
$75,191.60
$79,118.20
$83,077.52
$87,069.83
$91,095.41
$95,154.54
$99,247.49
$103,374.56
$107,536.01
$111,732.14
$115,963.25
$120,229.61
$124,531.52
$128,869.28
$133,243.19
$137,653.55
$142,100.67
$146,584.84
$151,106.38
$155,665.60
$160,262.81
$164,898.33
$169,572.49
$174,285.59
$179,037.97
$183,829.95
$188,661.87
$193,534.05
$198,446.84
$203,400.56
$208,395.57
$213,432.20
$218,510.80
$223,631.72
$228,795.32
$234,001.95
$239,251.96
$244,545.73
$249,883.61
$255,265.97

126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
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

$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00

$2,127.22
$2,172.44
$2,218.05
$2,264.03
$2,310.40
$2,357.15
$2,404.29
$2,451.83
$2,499.76
$2,548.09
$2,596.83
$2,645.97
$2,695.52
$2,745.48
$2,795.86
$2,846.66
$2,897.88
$2,949.53
$3,001.61
$3,054.12
$3,107.07
$3,160.46
$3,214.30
$3,268.59
$3,323.33
$3,378.52
$3,434.17
$3,490.29
$3,546.88
$3,603.94
$3,661.47
$3,719.48
$3,777.98
$3,836.96
$3,896.43
$3,956.40
$4,016.87
$4,077.85
$4,139.33
$4,201.33
$4,263.84
$4,326.87
$4,390.43

$5,427.22
$5,472.44
$5,518.05
$5,564.03
$5,610.40
$5,657.15
$5,704.29
$5,751.83
$5,799.76
$5,848.09
$5,896.83
$5,945.97
$5,995.52
$6,045.48
$6,095.86
$6,146.66
$6,197.88
$6,249.53
$6,301.61
$6,354.12
$6,407.07
$6,460.46
$6,514.30
$6,568.59
$6,623.33
$6,678.52
$6,734.17
$6,790.29
$6,846.88
$6,903.94
$6,961.47
$7,019.48
$7,077.98
$7,136.96
$7,196.43
$7,256.40
$7,316.87
$7,377.85
$7,439.33
$7,501.33
$7,563.84
$7,626.87
$7,690.43

$260,693.19
$266,165.63
$271,683.68
$277,247.71
$282,858.11
$288,515.26
$294,219.55
$299,971.38
$305,771.14
$311,619.24
$317,516.06
$323,462.03
$329,457.55
$335,503.03
$341,598.89
$347,745.54
$353,943.42
$360,192.95
$366,494.56
$372,848.68
$379,255.75
$385,716.22
$392,230.52
$398,799.11
$405,422.43
$412,100.95
$418,835.13
$425,625.42
$432,472.30
$439,376.23
$446,337.70
$453,357.18
$460,435.16
$467,572.12
$474,768.55
$482,024.96
$489,341.83
$496,719.68
$504,159.01
$511,660.34
$519,224.17
$526,851.04
$534,541.47

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

$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00

$4,454.51
$4,519.13
$4,584.29
$4,650.00
$4,716.25
$4,783.05
$4,850.41
$4,918.33
$4,986.81
$5,055.87
$5,125.50
$5,195.71
$5,266.51
$5,337.90
$5,409.88
$5,482.46
$5,555.65
$5,629.45
$5,703.86
$5,778.89
$5,854.55
$5,930.84
$6,007.76
$6,085.33
$6,163.54
$6,242.40
$6,321.92
$6,402.10
$6,482.95
$6,564.48
$6,646.68
$6,729.57
$6,813.15
$6,897.43
$6,982.41
$7,068.09
$7,154.49
$7,241.61
$7,329.46
$7,418.04
$7,507.36
$7,597.42
$7,688.23

$7,754.51
$7,819.13
$7,884.29
$7,950.00
$8,016.25
$8,083.05
$8,150.41
$8,218.33
$8,286.81
$8,355.87
$8,425.50
$8,495.71
$8,566.51
$8,637.90
$8,709.88
$8,782.46
$8,855.65
$8,929.45
$9,003.86
$9,078.89
$9,154.55
$9,230.84
$9,307.76
$9,385.33
$9,463.54
$9,542.40
$9,621.92
$9,702.10
$9,782.95
$9,864.48
$9,946.68
$10,029.57
$10,113.15
$10,197.43
$10,282.41
$10,368.09
$10,454.49
$10,541.61
$10,629.46
$10,718.04
$10,807.36
$10,897.42
$10,988.23

$542,295.98
$550,115.11
$557,999.41
$565,949.40
$573,965.65
$582,048.69
$590,199.10
$598,417.42
$606,704.24
$615,060.10
$623,485.61
$631,981.32
$640,547.83
$649,185.73
$657,895.61
$666,678.07
$675,533.72
$684,463.17
$693,467.03
$702,545.92
$711,700.47
$720,931.31
$730,239.07
$739,624.40
$749,087.93
$758,630.33
$768,252.25
$777,954.35
$787,737.31
$797,601.78
$807,548.47
$817,578.04
$827,691.19
$837,888.61
$848,171.02
$858,539.11
$868,993.60
$879,535.22
$890,164.68
$900,882.71
$911,690.07
$922,587.49
$933,575.72

212
213
214
215
216
217
218

$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$3,300.00
$500,700.00

$7,779.80
$7,872.13
$7,965.23
$8,059.11
$8,153.77
$8,249.21
$8,345.46

$11,079.80
$11,172.13
$11,265.23
$11,359.11
$11,453.77
$11,549.21
$11,645.46

$944,655.51
$955,827.64
$967,092.87
$978,451.98
$989,905.75
$1,001,454.96
$1,013,100.42

ment until month 360.