Name Jill Vance

The Hopefuls

Debt

Income
Gross Combined Income
Combined Take Home Pay

APR %

$1,000.00
$1,876.97

15.0%
15.0%

$34.67
$65.07

36
36

Credit Card #2
Medical Bill

$1,969.78
$5,200.00

12.0%
7.0%

$92.72
$200.00

24
28

Gas Credit Card

Car Loan

$95

$6,000.00
$12,619.08

12.0%
11.0%

$158.00
$274.37

48
60

Credit Card #1
Credit Card #3

$75
$25

$25

$25

$25

$25

$25

$25

$25

$19,225.00
$49,612.40

6.0%
9.5%

$280.85
$582.82

84
142

Credit Union Loan

2nd Mortgage

$650
$85

$650
$85

$650
$85

$650
$85

$650
$85

$650
$85

$650
$85

$650
$85

$119,412.57

6.0%

$1,149.00

147

1st Mortgage

$275
$35

$275

$275

$275

$275

$275

$275

$275

$216,915.80

$30
$200

$200

$200

$200

$200

$200

$200

$200

$70
$200

$70
$200

$70
$200

$70
$200

$70

$70

$70

$70

$1,000.00
$34.67

$120
$170

$120
$170

$120
$170

$120
$170

$120
$170

$120
$170

$120
$170

$120
$170

2 Medical Bill
$991.00

$450
$35
$85

$450

$450

$450
$35

$450
$35

$450
$35
$15

$450
$35
$85

$450
$35
$85

$65.07
3 Gas Credit Card
$794.00

$130.14 Paid off 11months freeing up

$130.14

$155
$15

$155
$15

$155
$15

$155
$15

$155
$15

$155
$15

$155
$15

$155
$15

$92.72
4 Credit Card #1

$185.44 Paid off in 4 months freeing up

$185.44

$20
$30

$20

$20

$20

$20

$20

$20

$20

$617.00
$158.00

$316.00 Paid off in 2 months freeing up

$316.00

$1,149
$583

$1,149
$583

$1,149
$583

$1,149
$583

$1,149
$583

$1,149
$583

$1,149
$583

$1,149
$583

5 Credit Card #3
$541.00
$274.37 Paid off in 2 months freeing up

$274.37

$280.85 Paid off in 2 months freeing up

$280.85

$5,150

Expenses
Cable
Home Phone
Internet
Contributions
Cell Phone
Utilities
Newspaper
Misc
Medical Insurance
Life Insurance
Car
Car Insurance
Gas
Groceries
Clothing
Entertainment
Lessons
Gifts
Dry cleaning
Laundry
Mortgage 1
Mortgage 2

$5,150

Credit Card #2
Medical Bill

$5,150

$34.67 x3
$65.07

$5,150.00

$5,150.00

$5,150.00

$5,150.00

$5,150.00

$0.00
$130.14

$0.00
$0.00

$0.00
$0.00

$0.00
$0.00

$0.00
$0.00

$0.00
$0.00

$274.37
6 Credit Union Loan

$92.72
$158.00

$92.72
$158.00

$185.44
$158.00

$185.44
$158.00

$0.00
$316.00

$0.00
$0.00

$0.00
$0.00

$556.00
$280.85

Credit Card #3
Credit Union Loan

$274.37
$280.85

$274.37
$280.85

$274.37
$280.85

$274.37
$280.85

$274.37
$280.85

$274.37
$280.85

$0.00
$0.00

$4,552

$4,167

$5,103

$5,100.66

$4,900.66

$4,888.22

$4,642.22

$4,087.00

$598

$983

$47

$49.34
$40.00

$249.34
$240.00

$261.78
$250.00

$507.78
$500.00

$906

$906

$936
17 months

$385.00
$77
-308

$385.00

$350.00

$350.00

$350.00

$350.00

$350.00

$7.66

$9.34

$9.34

$11.78

$7.78

$3.00

$9.50
$17.16

$15.00
$24.34

$15.00
$24.34

$15.00
$26.78

$15.00
$22.78

$15.00
$18.00

$73.02

$146.04

$107.12

$45.56

$36.00

9 months
$794.00
$1,353.00
$2,357.00
$2,466.00

$617.00
$1,071.00
$1,109.00

$541.00
$556.00

Surplus / (Deficit)
Savings
Total Card Debt

Detailed Plan 1
Surplus
Left Over
Gifts/Mis

total

Running number of gift misc

$291.72

Credit Card #2
Medical Bill
Gas Credit Card
Credit Card #1
Credit Card #3
Credit Union Loan

$34.67
$65.07
$92.72
$158.00
$274.37
$280.85

Debt Payments
$34.67
$65.07
$92.72
$158.00
$274.37
$280.85
$906

Credit Card #2
Medical Bill
Gas Credit Card
Credit Card #1
Credit Card #3
Credit Union Loan

2.

3.

$991.00
$1,443.00
$2,459.00
$4,301.00
$4,552.00

15%
15%
12%
12%
11%
6%

$120.00

$1,440.00

$2,440.00

$3,440.00

$1,063.00
$1,060.00

3 months

6 months

4 months

2 months

2 months

23 months

26 months

30 months

32 months

34 months

$2,837.50

Total debt

1 Credit Card #2

Gas Credit Card

Credit Card #1

Total Expenses

Payments
Current Payment Remaining Description

Amount

$69.34 Paid off 17 months freeing up

Savings Total
$5,560.00

Balance After 34 Months

Mortage1
Mortgage 2

$35,844.00
$17,313.00

$104.01

Savings Total
$5,560.00
401k

Balance After 34 Months

Mortage1
Mortgage 2

$35,844.00
$17,313.00

After 34 months has $5,100 (not sure the interest)

1060
$582.82
$1,149.00
500
1060
$2,791.82
($39,529.09) ($3,374.62)
after three years
($177,855.03)

35
150

30 years
paid off in three years

$1,060
$500
30 years
6%
3 years
27

average

34

5100

corporate bond after tax rate 6%