A B C D E F G H K M Method: after paying the minimums, any extra cash should be used to pay down the smallest ($ balance) loan first. Principle $ 500.00 $ 1,000.00 $ 6,000.00 $ 15,000.00 w Interest Rate (Annual) 5% 19% 4% 25% Total Min's Budget Monthly Min Payment $ 20.00 $ 50.00 $ 135.00 $ 300.00 $ 505.00 755.00 End of Month... Balance Pmt Balance Pmt Balance Pmt Balance Pmt Diff Sum of Pmts 1 $ 232.08 $ 270.00 $ 965.83 $ 50.00 $ 5,885.00 $ 135.00 $ 15,012.50 $ 300.00 755.00 2 S 0.00 233.05 S 981.13 $ 5,904.62 $ 15,325.26 $ 521.95 233.05 3 S 0.00 S 996.66 $ 5,924.30 $ 15,644.54 Ur 755.00 10 4 $ 0.00 $ 1,012.44 $ 5,944.05 $ 15,970.46 $ 755.00 11 5 $ 0.00 $ 1,028.47 $ 5,963.86 $ 16,303.18 $ 755.00 12 6 $ 0.00 $ 1,044.76 $ 5,983.74 $ 16,642.83 755.00 13 7 $ 0.00 $ 1,061.30 $ 6,003.69 $ 16,989.56 755.00 14 8 $ 0.00 $ 1,078.10 $ 6,023.70 $ 17,343.51 755.00 15 9 $ 0.00 $ 1,095.17 $ 6,043.78 $ 17,704.83 755.00 16 10 $ 0.00 $ 1,112.51 $ 6,063.92 $ 18,073.68 755.00 17 11 $ 0.00 $ 1,130.13 $ 6,084.14 $ 18,450.22 755.00 18 12 $ 0.00 $ 1,148.02 $ 6,104.42 $ 18,834.60 755.00 19 13 $ 0.00 $ 1,166.20 $ 6,124.76 $ 19,226.98 755.00 20 14 $ 0.00 $ 1,184.66 $ 6,145.18 $ 19,627.54 755.00 15 0.00 $ 1,203.42 $ 6,165.66 $ 20,036.45 755.00 22 16 $ 0.00 $ 1,222.47 $ 6,186.22 $ 20,453.88 755.00 23 17 $ 0.00 $ 1,241.83 $ 6,206.84 $ 20,880.00 755.00 24 18 $ 0.00 $ 1,261.49 $ 6,227.53 $ 21,315.00 755.00 25 19 $ 0.00 $ 1,281.46 $ 6,248.28 $ 21,759.06 755.00 26 20 $ 0.00 $ 1,301.75 $ 6,269.11 $ 22,212.38 755.00 27 21 $ 0.00 $ 1,322.37 $ 6,290.01 $ 22,675.13 755.00 28 22 $ 0.00 $ 1,343.30 $ 6,310.98 $ 23,147.53 S 755.00