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Shelby Gonzales, Brianna Dunn, Elisa Lazaro, Yatsu Buendia

As a financial planner, you have been asked by the bishop to help a family in the ward. You have met with Brother and Siste

to gather all of their financial information and present it to you. During the last meeting they expressed dispair concerning th

with the following information. They have expressed a sincere desire to put their financial life in order, no matter what sacrifi

You have suggested a family council, and they have explained to their 3 children that everyone will be involved in learning c

During your previous visit you helped them cut up all of their credit cards. They have made a commitment to "pay as you go

You have been asked to prepare a comprehensive financial plan that will help them now, as well as prepare them for retirem
Brother and Sister Hopeful are both 35 years old.

Brother Hopeful has a good job and brings home $4,800 / month in net take home pay. He does have a profit sharing progr

in the amount of $150 / month. Sister Hopeful does a small part time job out of their home while the children are at school a

They currently have 2 cars. The older car is paid off, but they still have a payment of $200 / month on the new car for 28 mo
but they have a first mortgage payment of $1,149.00 / month on the loan at 6% APR, and $582.82 / month payment on the

When they purchased their home 8 years ago they made a substantial downpayment, and their home is currently worth $17

The average monthly expenses that they have provided show the following: $450 / food, $155 / several lessons for each ch

$70 / life insurance, $200 / medical insurance, $120 / car insurance for both cars, $25 / internet, $95 / cable TV, $275 / all u
$85 / cell phone program for both, $170 / gas for both cars, $85 / bowling league, $35 / newspaper, $30 / misc.
They pay $615 in tithing and offerings and $35 to other charities.

After reading your written report, the bishop has asked you to serve on a ward council welfare committee to help this faithfu
As a minimum, the committee has been asked to prepare a monthly budget of their current situation, a proposed budget to
eliminate all of their debt and prepare them for retirement.

You will receive up to 5 points for the budget of their current situation, up to 10 points for a proposed budget along with sugg
and you will receive up to 10 points for a detailed plan to eliminate their debt and establish a retirement plan (5 + 10 + 10 =
Submit all of your completed spreadsheet for grading.
Monthly Expenses
Actual

Proposed

Income
Salary
Other
Total Income

$4,800.00
$350.00
$5,150.00

$4,800.00
$350.00
$5,150.00

Fixed Expenses
Rent / Mortgage Payment
Car Insurance
Life Insurance
Medical Insurance
401K
Car Payment
Total Fixed Expenses

$1,731.82
$120.00
$70.00
$200.00
$150.00
$200.00
$2,471.82

$1,931.82
$120.00
$70.00
$0.00
$150.00
$200.00
$2,471.82

$650.00
$450.00

$540.00
$300.00

Variable Expenses
Donations
Food

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
$216,915.80

The amount they'll have in their r

Fuel
Laundry
Dry Cleaning
Internet
Lessons
Cable
Gifts
Utilities
Home Phone
Cell Phone
Bowling League
Newspaper
Debt
Other

$170.00
$30.00
$20.00
$25.00
$155.00
$95.00
$15.00
$275.00
$75.00
$85.00
$85.00
$35.00
$905.68
$30.00

$95.00
$30.00
$10.00
$25.00
$155.00
$0.00
$15.00
$250.00
$0.00
$85.00
$0.00
$0.00
$1,043.18
$30.00

Total Variable Expenses

$3,100.68

$2,578.18

Total Expenses

$5,572.50

$5,050.00

Surplus/Deficit

-$422.50

$100.00

met with Brother and Sister Hopeful and have asked them

ssed dispair concerning their situation and presented you

rder, no matter what sacrifices they have to make.

ill be involved in learning correct principles for everyone's long term benefit.

mitment to "pay as you go", but need help to know where to begin.

as prepare them for retirement.

have a profit sharing program where the company contributes to his 401k

he children are at school and brings home a net take home paycheck of $350 per month.

h on the new car for 28 more months at 9% APR. They own their home

2 / month payment on the 2nd mortgage at 9.5% APR.

ome is currently worth $175,000.

everal lessons for each child, $30 / laundry, $20 / dry cleaning, $15 / gifts

$95 / cable TV, $275 / all utilities, $75 home phone service,

er, $30 / misc.

mmittee to help this faithful family.

ion, a proposed budget to help them progress forward, and a detailed plan to

sed budget along with suggested changes to meet your plans,

ement plan (5 + 10 + 10 = 25 points total).

APR %
12.00%
15.00%
11.00%
6.00%
7.00%
12.00%
15.00%
9.50%
6.00%

Current Payment
Payments Remaining 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
$200.00
28 Car Loan
$92.72
24 Gas Credit Card
$65.07
36 Medical Bill
$582.82
142 2nd Mortgage
$1,149.00
147 1st Mortgage
$2,837.50

ount they'll have in their retirement account:

$1,043,768.05

h.

Payed off
26
7
41
72
0
6
6
119
139
TOTAL
TOTAL IN YEARS

416
35

$192.46

Interest

Principle

1

$6,000.00

$158.00

$60.00

$335.00

$5,665.00

2

$5,665.00

$158.00

$56.65

$338.35

$5,326.65

3

$5,326.65

$158.00

$53.27

$341.73

$4,984.92

4

$4,984.92

$158.00

$49.85

$345.15

$4,639.77

5

$4,639.77

$158.00

$46.40

$348.60

$4,291.16

6

$4,291.16

$158.00

$42.91

$352.09

$3,939.07

7

$3,939.07

$158.00

$39.39

$355.61

$3,583.47

8

$3,583.47

$158.00

$35.83

$359.17

$3,224.30

9

$3,224.30

$158.00

$32.24

$362.76

$2,861.54

10

$2,861.54

$158.00

$28.62

$366.38

$2,495.16

11

$2,495.16

$158.00

$24.95

$370.05

$2,125.11

12

$2,125.11

$158.00

$21.25

$373.75

$1,751.36

13

$1,751.36

$158.00

$17.51

$377.49

$1,373.88

14

$1,373.88

$158.00

$13.74

$381.26

$992.61

15

$992.61

$158.00

$9.93

$385.07

$607.54

16

$607.54

$158.00

$6.08

$388.92

$218.62

17

$218.62

$158.00

$2.19

$392.81

-$174.20

Amount

APR %

Current PaymentPayments RemaiDescription

$6,000.00

12.00%

$158.00

48 Credit Card #1

$1,000.00

15.00%

$34.67

36 Credit Card #2

$12,619.08

11.00%

$274.37

60 Credit Card #3

$19,225.00

6.00%

$280.85

84 Credit Union Loan

$5,200.00

7.00%

$200.00

28 Car Loan

$1,969.78

12.00%

$92.72

24 Gas Credit Card

$1,876.97

15.00%

$65.07

36 Medical Bill

$49,612.40

9.50%

$582.82

142 2nd Mortgage

$119,412.57

6.00%

$1,149.00

$216,915.80

$2,837.50

147 1st Mortgage

Payed off
17
4
29
Union Loan

42
0
7
7
109
172

TOTAL

387

TOTAL IN YEARS

32

Interest

Principle

1

$1,000.00

$34.67

$12.50

$259.17

$740.83

2

$740.83

$34.67

$9.26

$262.41

$478.42

3

$478.42

$34.67

$5.98

$265.69

$212.73

4

$212.73

$34.67

$2.66

$269.01

-$56.28

Amount

APR %

Current PaymentPayments RemaiDescription

$6,000.00

12.00%

$158.00

48 Credit Card #1

$1,000.00

15.00%

$34.67

36 Credit Card #2

$12,619.08

11.00%

$274.37

60 Credit Card #3

$19,225.00

6.00%

$280.85

84 Credit Union Loan

$5,200.00

7.00%

$200.00

28 Car Loan

$1,969.78

12.00%

$92.72

24 Gas Credit Card

$1,876.97

15.00%

$65.07

36 Medical Bill

$49,612.40

9.50%

$582.82

142 2nd Mortgage

$119,412.57

6.00%

$1,149.00

$216,915.80

$2,837.50

147 1st Mortgage

Payed off
17
4
29
Union Loan

42
0
7
7
109
172

TOTAL

387

TOTAL IN YEARS32

Interest

Principle

1

$12,619.08

$274.37

$115.67

$395.70

$12,223.38

2

$12,223.38

$274.37

$122.23

$389.14

$11,834.25

3

$11,834.25

$274.37

$118.34

$393.03

$11,441.22

4

$11,441.22

$274.37

$114.41

$396.96

$11,044.26

5

$11,044.26

$274.37

$110.44

$400.93

$10,643.34

6

$10,643.34

$274.37

$106.43

$404.94

$10,238.40

7

$10,238.40

$274.37

$102.38

$408.99

$9,829.41

8

$9,829.41

$274.37

$98.29

$413.08

$9,416.34

9

$9,416.34

$274.37

$94.16

$417.21

$8,999.13

10

$8,999.13

$274.37

$89.99

$421.38

$8,577.75

11

$8,577.75

$274.37

$85.78

$425.59

$8,152.16

12

$8,152.16

$274.37

$81.52

$429.85

$7,722.31

13

$7,722.31

$274.37

$77.22

$434.15

$7,288.16

14

$7,288.16

$274.37

$72.88

$438.49

$6,849.68

15

$6,849.68

$274.37

$68.50

$442.87

$6,406.80

16

$6,406.80

$274.37

$64.07

$447.30

$5,959.50

17

$5,959.50

$274.37

$59.60

$451.77

$5,507.73

18

$5,507.73

$274.37

$55.08

$456.29

$5,051.43

19

$5,051.43

$274.37

$50.51

$460.86

$4,590.58

20

$4,590.58

$274.37

$45.91

$465.46

$4,125.11

21

$4,125.11

$274.37

$41.25

$470.12

$3,654.99

22

$3,654.99

$274.37

$36.55

$474.82

$3,180.17

23

$3,180.17

$274.37

$31.80

$479.57

$2,700.61

24

$2,700.61

$274.37

$27.01

$484.36

$2,216.24

25

$2,216.24

$274.37

$22.16

$489.21

$1,727.03

26

$1,727.03

$274.37

$17.27

$494.10

$1,232.93

27
28
29

$1,232.93
$733.89
$229.86

$274.37
$274.37
$274.37

$12.33
$7.34
$2.30

$499.04
$504.03
$509.07

$733.89
$229.86
-$279.21

Amount

APR %

Current PaymentPayments RemaiDescription

$6,000.00

12.00%

$158.00

48 Credit Card #1

$1,000.00

15.00%

$34.67

36 Credit Card #2

$12,619.08

11.00%

$274.37

60 Credit Card #3

$19,225.00

6.00%

$280.85

84 Credit Union Loan

$5,200.00

7.00%

$200.00

28 Car Loan

$1,969.78

12.00%

$92.72

24 Gas Credit Card

$1,876.97

15.00%

$65.07

36 Medical Bill

$49,612.40

9.50%

$582.82

142 2nd Mortgage

$119,412.57

6.00%

$1,149.00

$216,915.80

$2,837.50

147 1st Mortgage

Payed off
17
4
29
Union Loan

42
0
7
7
109
172

TOTAL

387

TOTAL IN YEARS32

Interest

Principle

1

$19,225.00

$280.85

$96.13

$421.73

$18,803.28

2

$18,803.28

$280.85

$94.02

$423.83

$18,379.44

3

$18,379.44

$280.85

$91.90

$425.95

$17,953.49

4

$17,953.49

$280.85

$89.77

$428.08

$17,525.41

5

$17,525.41

$280.85

$87.63

$430.22

$17,095.18

6

$17,095.18

$280.85

$85.48

$432.37

$16,662.81

7

$16,662.81

$280.85

$83.31

$434.54

$16,228.27

8

$16,228.27

$280.85

$81.14

$436.71

$15,791.56

9

$15,791.56

$280.85

$78.96

$438.89

$15,352.67

10

$15,352.67

$280.85

$76.76

$441.09

$14,911.59

11

$14,911.59

$280.85

$74.56

$443.29

$14,468.29

12

$14,468.29

$280.85

$72.34

$445.51

$14,022.78

13

$14,022.78

$280.85

$70.11

$447.74

$13,575.05

14

$13,575.05

$280.85

$67.88

$449.97

$13,125.07

15

$13,125.07

$280.85

$65.63

$452.22

$12,672.85

16

$12,672.85

$280.85

$63.36

$454.49

$12,218.36

17

$12,218.36

$280.85

$61.09

$456.76

$11,761.61

18

$11,761.61

$280.85

$58.81

$459.04

$11,302.56

19

$11,302.56

$280.85

$56.51

$461.34

$10,841.23

20

$10,841.23

$280.85

$54.21

$463.64

$10,377.58

21

$10,377.58

$280.85

$51.89

$465.96

$9,911.62

22

$9,911.62

$280.85

$49.56

$468.29

$9,443.33

23

$9,443.33

$280.85

$47.22

$470.63

$8,972.70

24

$8,972.70

$280.85

$44.86

$472.99

$8,499.71

25

$8,499.71

$280.85

$42.50

$475.35

$8,024.36

26

$8,024.36

$280.85

$40.12

$477.73

$7,546.63

27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42

$7,546.63
$7,066.51
$6,583.99
$6,099.06
$5,611.71
$5,121.92
$4,629.68
$4,134.98
$3,637.80
$3,138.14
$2,635.98
$2,131.31
$1,624.12
$1,114.39
$602.11
$87.27

$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

$37.73
$35.33
$32.92
$30.50
$28.06
$25.61
$23.15
$20.67
$18.19
$15.69
$13.18
$10.66
$8.12
$5.57
$3.01
$0.44

$480.12
$482.52
$484.93
$487.35
$489.79
$492.24
$494.70
$497.18
$499.66
$502.16
$504.67
$507.19
$509.73
$512.28
$514.84
$517.41

$7,066.51
$6,583.99
$6,099.06
$5,611.71
$5,121.92
$4,629.68
$4,134.98
$3,637.80
$3,138.14
$2,635.98
$2,131.31
$1,624.12
$1,114.39
$602.11
$87.27
-$430.14

Amount

APR %

Current PaymentPayments RemaiDescription

$6,000.00

12.00%

$158.00

48 Credit Card #1

$1,000.00

15.00%

$34.67

36 Credit Card #2

$12,619.08

11.00%

$274.37

60 Credit Card #3

$19,225.00

6.00%

$280.85

84 Credit Union Loan

$5,200.00

7.00%

$200.00

28 Car Loan

$1,969.78

12.00%

$92.72

24 Gas Credit Card

$1,876.97

15.00%

$65.07

36 Medical Bill

$49,612.40

9.50%

$582.82

142 2nd Mortgage

$119,412.57

6.00%

$1,149.00

$216,915.80

$2,837.50

147 1st Mortgage

Payed off
17
4
29
Union Loan

42
0
7
7
109
172

TOTAL

387

TOTAL IN YEARS32

Interest

Principle

1

$1,969.78

$92.72

$19.70

$310.02

$1,659.76

2

$1,659.76

$92.72

$16.60

$313.12

$1,346.64

3

$1,346.64

$92.72

$13.47

$316.25

$1,030.38

4

$1,030.38

$92.72

$10.30

$319.42

$710.97

5

$710.97

$92.72

$7.11

$322.61

$388.36

6

$388.36

$92.72

$3.88

$325.84

$62.52

7

$62.52

$92.72

$0.63

$329.09

-$266.58

Amount

APR %

Current PaymentPayments RemaiDescription

$6,000.00

12.00%

$158.00

48 Credit Card #1

$1,000.00

15.00%

$34.67

36 Credit Card #2

$12,619.08

11.00%

$274.37

60 Credit Card #3

$19,225.00

6.00%

$280.85

84 Credit Union Loan

$5,200.00

7.00%

$200.00

28 Car Loan

$1,969.78

12.00%

$92.72

24 Gas Credit Card

$1,876.97

15.00%

$65.07

36 Medical Bill

$49,612.40

9.50%

$582.82

142 2nd Mortgage

$119,412.57

6.00%

$1,149.00

$216,915.80

$2,837.50

147 1st Mortgage

Payed off
17
4
29
Union Loan

42
0
7
7
109
172

TOTAL

387

TOTAL IN YEARS32

Interest

Principle

1

$1,876.97

$65.07

$23.46

$278.61

$1,598.36

2

$1,598.36

$65.07

$19.98

$282.09

$1,316.27

3

$1,316.27

$65.07

$16.45

$285.62

$1,030.66

4

$1,030.66

$65.07

$12.88

$289.19

$741.47

5

$741.47

$65.07

$9.27

$292.80

$448.67

6

$448.67

$65.07

$5.61

$296.46

$152.20

7

$152.20

$65.07

$1.90

$300.17

-$147.96

Amount

APR %

Current PaymentPayments RemaiDescription

$6,000.00

12.00%

$158.00

48 Credit Card #1

$1,000.00

15.00%

$34.67

36 Credit Card #2

$12,619.08

11.00%

$274.37

60 Credit Card #3

$19,225.00

6.00%

$280.85

84 Credit Union Loan

$5,200.00

7.00%

$200.00

28 Car Loan

$1,969.78

12.00%

$92.72

24 Gas Credit Card

$1,876.97

15.00%

$65.07

36 Medical Bill

$49,612.40

9.50%

$582.82

142 2nd Mortgage

$119,412.57

6.00%

$1,149.00

$216,915.80

$2,837.50

147 1st Mortgage

Payed off
17
4
29
Union Loan

42
0
7
7
109
172

TOTAL

387

TOTAL IN YEARS32

Interest

Principle

1

$49,612.40

$582.82

$392.76

$290.06

$49,322.34

2

$49,322.34

$582.82

$390.47

$292.35

$49,029.99

3

$49,029.99

$582.82

$388.15

$294.67

$48,735.33

4

$48,735.33

$582.82

$385.82

$297.00

$48,438.33

5

$48,438.33

$582.82

$383.47

$299.35

$48,138.98

6

$48,138.98

$582.82

$381.10

$301.72

$47,837.26

7

$47,837.26

$582.82

$378.71

$304.11

$47,533.15

8

$47,533.15

$582.82

$376.30

$306.52

$47,226.63

9

$47,226.63

$582.82

$373.88

$308.94

$46,917.69

10

$46,917.69

$582.82

$371.43

$311.39

$46,606.30

11

$46,606.30

$582.82

$368.97

$313.85

$46,292.45

12

$46,292.45

$582.82

$366.48

$316.34

$45,976.11

13

$45,976.11

$582.82

$363.98

$318.84

$45,657.27

14

$45,657.27

$582.82

$361.45

$321.37

$45,335.90

15

$45,335.90

$582.82

$358.91

$323.91

$45,011.99

16

$45,011.99

$582.82

$356.34

$326.48

$44,685.52

17

$44,685.52

$582.82

$353.76

$329.06

$44,356.46

18

$44,356.46

$582.82

$351.16

$331.66

$44,024.79

19

$44,024.79

$582.82

$348.53

$334.29

$43,690.50

20

$43,690.50

$582.82

$345.88

$336.94

$43,353.57

21

$43,353.57

$582.82

$343.22

$339.60

$43,013.96

22

$43,013.96

$582.82

$340.53

$342.29

$42,671.67

23

$42,671.67

$582.82

$337.82

$345.00

$42,326.67

24

$42,326.67

$582.82

$335.09

$347.73

$41,978.93

25

$41,978.93

$582.82

$332.33

$350.49

$41,628.45

26

$41,628.45

$582.82

$329.56

$353.26

$41,275.18

27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49

$41,275.18
$40,919.13
$40,560.25
$40,198.53
$39,833.95
$39,466.48
$39,096.10
$38,722.80
$38,346.53
$37,967.29
$37,585.04
$37,199.77
$36,811.45
$36,420.05
$36,025.56
$35,627.94
$35,227.17
$34,823.24
$34,416.10
$34,005.74
$33,592.13
$33,175.25
$32,755.07

$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

$326.76
$323.94
$321.10
$318.24
$315.35
$312.44
$309.51
$306.56
$303.58
$300.57
$297.55
$294.50
$291.42
$288.33
$285.20
$282.05
$278.88
$275.68
$272.46
$269.21
$265.94
$262.64
$259.31

$356.06
$358.88
$361.72
$364.58
$367.47
$370.38
$373.31
$376.26
$379.24
$382.25
$385.27
$388.32
$391.40
$394.49
$397.62
$400.77
$403.94
$407.14
$410.36
$413.61
$416.88
$420.18
$423.51

$40,919.13
$40,560.25
$40,198.53
$39,833.95
$39,466.48
$39,096.10
$38,722.80
$38,346.53
$37,967.29
$37,585.04
$37,199.77
$36,811.45
$36,420.05
$36,025.56
$35,627.94
$35,227.17
$34,823.24
$34,416.10
$34,005.74
$33,592.13
$33,175.25
$32,755.07
$32,331.56

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

$32,331.56
$31,904.70
$31,474.46
$31,040.81
$30,603.73
$30,163.19
$29,719.16
$29,271.62
$28,820.53
$28,365.87
$27,907.62
$27,445.73
$26,980.19
$26,510.96
$26,038.02
$25,561.34
$25,080.88
$24,596.61
$24,108.52
$23,616.56
$23,120.70
$22,620.92
$22,117.18
$21,609.46
$21,097.71
$20,581.91
$20,062.03
$19,538.04
$19,009.90
$18,477.57
$17,941.03
$17,400.24
$16,855.18
$16,305.79
$15,752.06
$15,193.94
$14,631.41
$14,064.42
$13,492.95
$12,916.94
$12,336.38
$11,751.23
$11,161.44
$10,566.98
$9,967.81
$9,363.91
$8,755.22
$8,141.71
$7,523.34
$6,900.08
$6,271.89
$5,638.72
$5,000.54
$4,357.31
$3,708.98
$3,055.53
$2,396.90

$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
$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

$255.96
$252.58
$249.17
$245.74
$242.28
$238.79
$235.28
$231.73
$228.16
$224.56
$220.94
$217.28
$213.59
$209.88
$206.13
$202.36
$198.56
$194.72
$190.86
$186.96
$183.04
$179.08
$175.09
$171.07
$167.02
$162.94
$158.82
$154.68
$150.50
$146.28
$142.03
$137.75
$133.44
$129.09
$124.70
$120.29
$115.83
$111.34
$106.82
$102.26
$97.66
$93.03
$88.36
$83.66
$78.91
$74.13
$69.31
$64.46
$59.56
$54.63
$49.65
$44.64
$39.59
$34.50
$29.36
$24.19
$18.98

$426.86
$430.24
$433.65
$437.08
$440.54
$444.03
$447.54
$451.09
$454.66
$458.26
$461.88
$465.54
$469.23
$472.94
$476.69
$480.46
$484.26
$488.10
$491.96
$495.86
$499.78
$503.74
$507.73
$511.75
$515.80
$519.88
$524.00
$528.14
$532.32
$536.54
$540.79
$545.07
$549.38
$553.73
$558.12
$562.53
$566.99
$571.48
$576.00
$580.56
$585.16
$589.79
$594.46
$599.16
$603.91
$608.69
$613.51
$618.36
$623.26
$628.19
$633.17
$638.18
$643.23
$648.32
$653.46
$658.63
$663.84

$31,904.70
$31,474.46
$31,040.81
$30,603.73
$30,163.19
$29,719.16
$29,271.62
$28,820.53
$28,365.87
$27,907.62
$27,445.73
$26,980.19
$26,510.96
$26,038.02
$25,561.34
$25,080.88
$24,596.61
$24,108.52
$23,616.56
$23,120.70
$22,620.92
$22,117.18
$21,609.46
$21,097.71
$20,581.91
$20,062.03
$19,538.04
$19,009.90
$18,477.57
$17,941.03
$17,400.24
$16,855.18
$16,305.79
$15,752.06
$15,193.94
$14,631.41
$14,064.42
$13,492.95
$12,916.94
$12,336.38
$11,751.23
$11,161.44
$10,566.98
$9,967.81
$9,363.91
$8,755.22
$8,141.71
$7,523.34
$6,900.08
$6,271.89
$5,638.72
$5,000.54
$4,357.31
$3,708.98
$3,055.53
$2,396.90
$1,733.05

107
108
109

$1,733.05
$1,063.95
$389.56

$582.82
$582.82
$582.82

$13.72
$8.42
$3.08

$669.10
$674.40
$679.74

$1,063.95
$389.56
-$290.18

Amount

APR %

Current PaymentPayments RemaiDescription

$6,000.00

12.00%

$158.00

48 Credit Card #1

$1,000.00

15.00%

$34.67

36 Credit Card #2

$12,619.08

11.00%

$274.37

60 Credit Card #3

$19,225.00

6.00%

$280.85

84 Credit Union Loan

$5,200.00

7.00%

$200.00

28 Car Loan

$1,969.78

12.00%

$92.72

24 Gas Credit Card

$1,876.97

15.00%

$65.07

36 Medical Bill

$49,612.40

9.50%

$582.82

142 2nd Mortgage

$119,412.57

6.00%

$1,149.00

$216,915.80

$2,837.50

147 1st Mortgage

Payed off
17
4
29
Union Loan

42
0
7
7
109
172

TOTAL

387

TOTAL IN YEARS32

Interest

Principle

1

$119,412.57

$1,149.00

$597.06

$651.94

$118,760.63

2

$118,760.63

$1,149.00

$940.19

$308.81

$118,451.82

3

$118,451.82

$1,149.00

$937.74

$311.26

$118,140.56

4

$118,140.56

$1,149.00

$935.28

$313.72

$117,826.84

5

$117,826.84

$1,149.00

$932.80

$316.20

$117,510.64

6

$117,510.64

$1,149.00

$930.29

$318.71

$117,191.93

7

$117,191.93

$1,149.00

$927.77

$321.23

$116,870.70

8

$116,870.70

$1,149.00

$925.23

$323.77

$116,546.93

9

$116,546.93

$1,149.00

$922.66

$326.34

$116,220.59

10

$116,220.59

$1,149.00

$920.08

$328.92

$115,891.67

11

$115,891.67

$1,149.00

$917.48

$331.52

$115,560.15

12

$115,560.15

$1,149.00

$914.85

$334.15

$115,226.00

13

$115,226.00

$1,149.00

$912.21

$336.79

$114,889.20

14

$114,889.20

$1,149.00

$909.54

$339.46

$114,549.74

15

$114,549.74

$1,149.00

$906.85

$342.15

$114,207.60

16

$114,207.60

$1,149.00

$904.14

$344.86

$113,862.74

17

$113,862.74

$1,149.00

$901.41

$347.59

$113,515.15

18

$113,515.15

$1,149.00

$898.66

$350.34

$113,164.81

19

$113,164.81

$1,149.00

$895.89

$353.11

$112,811.70

20

$112,811.70

$1,149.00

$893.09

$355.91

$112,455.79

21

$112,455.79

$1,149.00

$890.28

$358.72

$112,097.07

22

$112,097.07

$1,149.00

$887.44

$361.56

$111,735.51

23

$111,735.51

$1,149.00

$884.57

$364.43

$111,371.08

24

$111,371.08

$1,149.00

$881.69

$367.31

$111,003.77

25

$111,003.77

$1,149.00

$878.78

$370.22

$110,633.55

26

$110,633.55

$1,149.00

$875.85

$373.15

$110,260.39

27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49

$110,260.39
$109,884.29
$109,505.21
$109,123.12
$108,738.01
$108,349.86
$107,958.63
$107,564.30
$107,166.85
$106,766.25
$106,362.49
$105,955.52
$105,545.34
$105,131.90
$104,715.20
$104,295.19
$103,871.86
$103,445.18
$103,015.12
$102,581.66
$102,144.77
$101,704.41
$101,260.57

$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

$872.89
$869.92
$866.92
$863.89
$860.84
$857.77
$854.67
$851.55
$848.40
$845.23
$842.04
$838.81
$835.57
$832.29
$829.00
$825.67
$822.32
$818.94
$815.54
$812.10
$808.65
$805.16
$801.65

$376.11
$379.08
$382.08
$385.11
$388.16
$391.23
$394.33
$397.45
$400.60
$403.77
$406.96
$410.19
$413.43
$416.71
$420.00
$423.33
$426.68
$430.06
$433.46
$436.90
$440.35
$443.84
$447.35

$109,884.29
$109,505.21
$109,123.12
$108,738.01
$108,349.86
$107,958.63
$107,564.30
$107,166.85
$106,766.25
$106,362.49
$105,955.52
$105,545.34
$105,131.90
$104,715.20
$104,295.19
$103,871.86
$103,445.18
$103,015.12
$102,581.66
$102,144.77
$101,704.41
$101,260.57
$100,813.22

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

$100,813.22
$100,362.32
$99,907.86
$99,449.79
$98,988.11
$98,522.76
$98,053.73
$97,580.99
$97,104.51
$96,624.25
$96,140.19
$95,652.30
$95,160.55
$94,664.91
$94,165.34
$93,661.81
$93,154.30
$92,642.77
$92,127.19
$91,607.54
$91,083.76
$90,555.84
$90,023.74
$89,487.43
$88,946.87
$88,402.03
$87,852.88
$87,299.39
$86,741.51
$86,179.21
$85,612.46
$85,041.23
$84,465.47
$83,885.16
$83,300.25
$82,710.71
$82,116.50
$81,517.59
$80,913.94
$80,305.50
$79,692.26
$79,074.15
$78,451.16
$77,823.23
$77,190.33
$76,552.42
$75,909.46
$75,261.41
$74,608.23
$73,949.88
$73,286.31
$72,617.50
$71,943.39
$71,263.94
$70,579.11
$69,888.86
$69,193.15

$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
$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

$798.10
$794.54
$790.94
$787.31
$783.66
$779.97
$776.26
$772.52
$768.74
$764.94
$761.11
$757.25
$753.35
$749.43
$745.48
$741.49
$737.47
$733.42
$729.34
$725.23
$721.08
$716.90
$712.69
$708.44
$704.16
$699.85
$695.50
$691.12
$686.70
$682.25
$677.77
$673.24
$668.68
$664.09
$659.46
$654.79
$650.09
$645.35
$640.57
$635.75
$630.90
$626.00
$621.07
$616.10
$611.09
$606.04
$600.95
$595.82
$590.65
$585.44
$580.18
$574.89
$569.55
$564.17
$558.75
$553.29
$547.78

$450.90
$454.46
$458.06
$461.69
$465.34
$469.03
$472.74
$476.48
$480.26
$484.06
$487.89
$491.75
$495.65
$499.57
$503.52
$507.51
$511.53
$515.58
$519.66
$523.77
$527.92
$532.10
$536.31
$540.56
$544.84
$549.15
$553.50
$557.88
$562.30
$566.75
$571.23
$575.76
$580.32
$584.91
$589.54
$594.21
$598.91
$603.65
$608.43
$613.25
$618.10
$623.00
$627.93
$632.90
$637.91
$642.96
$648.05
$653.18
$658.35
$663.56
$668.82
$674.11
$679.45
$684.83
$690.25
$695.71
$701.22

$100,362.32
$99,907.86
$99,449.79
$98,988.11
$98,522.76
$98,053.73
$97,580.99
$97,104.51
$96,624.25
$96,140.19
$95,652.30
$95,160.55
$94,664.91
$94,165.34
$93,661.81
$93,154.30
$92,642.77
$92,127.19
$91,607.54
$91,083.76
$90,555.84
$90,023.74
$89,487.43
$88,946.87
$88,402.03
$87,852.88
$87,299.39
$86,741.51
$86,179.21
$85,612.46
$85,041.23
$84,465.47
$83,885.16
$83,300.25
$82,710.71
$82,116.50
$81,517.59
$80,913.94
$80,305.50
$79,692.26
$79,074.15
$78,451.16
$77,823.23
$77,190.33
$76,552.42
$75,909.46
$75,261.41
$74,608.23
$73,949.88
$73,286.31
$72,617.50
$71,943.39
$71,263.94
$70,579.11
$69,888.86
$69,193.15
$68,491.93

107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
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

$68,491.93
$67,785.16
$67,072.79
$66,354.78
$65,531.09
$64,700.88
$63,864.09
$63,020.68
$62,170.60
$61,313.78
$60,450.18
$59,579.75
$58,702.42
$57,818.15
$56,926.87
$56,028.54
$55,123.10
$54,210.49
$53,290.66
$52,363.55
$51,429.09
$50,487.24
$49,537.93
$48,581.10
$47,616.70
$46,644.67
$45,664.94
$44,677.45
$43,682.15
$42,678.97
$41,667.84
$40,648.71
$39,621.51
$38,586.19
$37,542.66
$36,490.87
$35,430.76
$34,362.25
$33,285.29
$32,199.79
$31,105.71
$30,002.96
$28,891.49
$27,771.21
$26,642.07
$25,503.98
$24,356.89
$23,200.71
$22,035.39
$20,860.83
$19,676.98
$18,483.76
$17,281.09
$16,068.90
$14,847.11
$13,615.65
$12,374.44

$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
$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

$542.23
$536.63
$530.99
$525.31
$518.79
$512.22
$505.59
$498.91
$492.18
$485.40
$478.56
$471.67
$464.73
$457.73
$450.67
$443.56
$436.39
$429.17
$421.88
$414.54
$407.15
$399.69
$392.18
$384.60
$376.97
$369.27
$361.51
$353.70
$345.82
$337.88
$329.87
$321.80
$313.67
$305.47
$297.21
$288.89
$280.49
$272.03
$263.51
$254.92
$246.25
$237.52
$228.72
$219.86
$210.92
$201.91
$192.83
$183.67
$174.45
$165.15
$155.78
$146.33
$136.81
$127.21
$117.54
$107.79
$97.96

$706.77
$712.37
$718.01
$823.69
$830.21
$836.78
$843.41
$850.09
$856.82
$863.60
$870.44
$877.33
$884.27
$891.27
$898.33
$905.44
$912.61
$919.83
$927.12
$934.46
$941.85
$949.31
$956.82
$964.40
$972.03
$979.73
$987.49
$995.30
$1,003.18
$1,011.12
$1,019.13
$1,027.20
$1,035.33
$1,043.53
$1,051.79
$1,060.11
$1,068.51
$1,076.97
$1,085.49
$1,094.08
$1,102.75
$1,111.48
$1,120.28
$1,129.14
$1,138.08
$1,147.09
$1,156.17
$1,165.33
$1,174.55
$1,183.85
$1,193.22
$1,202.67
$1,212.19
$1,221.79
$1,231.46
$1,241.21
$1,251.04

$67,785.16
$67,072.79
$66,354.78
$65,531.09
$64,700.88
$63,864.09
$63,020.68
$62,170.60
$61,313.78
$60,450.18
$59,579.75
$58,702.42
$57,818.15
$56,926.87
$56,028.54
$55,123.10
$54,210.49
$53,290.66
$52,363.55
$51,429.09
$50,487.24
$49,537.93
$48,581.10
$47,616.70
$46,644.67
$45,664.94
$44,677.45
$43,682.15
$42,678.97
$41,667.84
$40,648.71
$39,621.51
$38,586.19
$37,542.66
$36,490.87
$35,430.76
$34,362.25
$33,285.29
$32,199.79
$31,105.71
$30,002.96
$28,891.49
$27,771.21
$26,642.07
$25,503.98
$24,356.89
$23,200.71
$22,035.39
$20,860.83
$19,676.98
$18,483.76
$17,281.09
$16,068.90
$14,847.11
$13,615.65
$12,374.44
$11,123.40

164
165
166
167
168
169
170
171
172

$11,123.40
$9,862.46
$8,591.54
$7,310.56
$6,019.43
$4,718.09
$3,406.44
$2,084.41
$751.91
-$591.14

$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

$88.06
$78.08
$68.02
$57.88
$47.65
$37.35
$26.97
$16.50
$5.95
-$4.68

$1,260.94
$1,270.92
$1,280.98
$1,291.12
$1,301.35
$1,311.65
$1,322.03
$1,332.50
$1,343.05
$1,353.68

$9,862.46
$8,591.54
$7,310.56
$6,019.43
$4,718.09
$3,406.44
$2,084.41
$751.91
-$591.14
-$1,944.82

Amount

APR %

Current PaymentPayments Remaining

$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

$0.00

0.00%

$0.00

0

$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

<- increase payment by $100

Description

Payed off

Credit Card #1

17

Credit Card #2

4

Credit Card #3

29

Credit Union Loan

42

Car Loan

0

Gas Credit Card

7

Medical Bill

7

2nd Mortgage

109

1st Mortgage

172
TOTAL

387

TOTAL IN YEARS

32