Tuesday, November 20, 2007

New Debt Snowball

About a year ago, I posted the results of a debt snowball calculator that I ran on the debts I had at that time. I've just updated it for the debts I currently have, and I'm going to share the results.

I put in that I can pay $1090 per month to my debts (including minimum payments). This is based on the average of what I've paid over the past 11 months, so it shouldn't be an unreasonable figure.

Here are the results (click for an expanded view).



Eagle-eyed readers will note that I have paid off a little over $10,000 in debt over the past year, and I am paying about $86 less in interest every month. You can calculate your own debt snowball here.

2 comments:

Sally said...

Wow, Tam, that's excellent news. Congrats on getting your debt down $10,000! That's huge.

Jason Galbraith said...

Good job on your paid-down debt! I hope someday I can match your record.