November 3, 2006

Plan of Attack Pt 3

Here's how long it'll take to pay off all my debt if I not only paid the minimum, but I snowballed it, translation, rolled it over to the next debt.

Snowball Payoff - File Size 27kb Snowballing the Minimum + 10% Payoff - File Size 27kb

Going by this repayment schedule this is where I'm at:

6/07 - Pay off Target
4/08 - Pay off Orchard
7/08 - Pay off Capital One Visa
1/09 - Pay off Capital One Gold
7/08 - Pay off Car Loan
9/09 - Pay off W&F
5/10 - Pay off Direct Student Loan
7/11 - Pay off Sallie Mae Student Loan

Much improved from just paying the minimum. You cans see the savings in months here: Snowball Repayment Timeline - File Size 35kb Snowball Repayment Timeline - File Size 35kb

But I dunno...::scratches head:: I'm thinking I can still do much better than this ;)

Tomorrow: Snowballing the minimum PLUS 10%...a pot of payoff gold!

8:13 AM in Daily Jabber
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graph updated on the 8th
last update: 07/20/08

Paying off smallest credit card debt with it's minimum payment balance + $500 snowball.