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In the Step below, you are going to enter your total monthly i
minus the monthly loan payment. To give you a hint, take you
subtract the "Payment Amount" above. That should give y
calculation.
Results
Money Saved
Original Interest
New Interest
Interest Saved
$2,000,000.00
$1,500,000.00
$1,000,000.00
$500,000.00
$-
5 / 1 / 20 1 5 5 / 1 / 2 0 17 5 / 1 / 20 1 9 5 / 1 / 20 2 1 5/1/2023
Inc. (DBA: The Kwak Brother) Users and viewers may not
his calculator file without a written permission from the
ed to be an educational tool only. This calculator does not
e regarded as financial and/or investment advice. This
al outcome when using our stategies, methods, and ideas.
rofessionals before attempting to implement this strategy.
, and/or guarantee ANY results, profit, savings, outcomes
the lack thereof.
Debt Information
nt Loan Information
$ 2,300,000.00
$ 2,000,000.00
6.000%
15
$19,408.71
mentation Start Date
5/7/2015
me and Expense
$ 43,000.00
$ 20,000.00
e of Credit Information
$ 185,000.00
21.000%
Results
Money Saved
$ 817,743.61
$ 903,747.32
$ (86,003.71)
$180,000.00
$160,000.00
$140,000.00
$120,000.00
$100,000.00
$80,000.00
$60,000.00
$40,000.00
$20,000.00
$-
23 5 / 1 / 2 0 15 5 / 1 / 2 0 17 5/1/2019 5 / 1 / 2 0 21 5 / 1 / 2 0 23