Here's a link to an image of the spreadsheet.
The credit card is in a 0% into APR until January of 2019, so it takes 1st priority. After that I went by balances from lowest to highest.
I used an amortization schedule calculator to determine the balances after each payment and rounded everything to the nearest whole dollar for simplicity. Because my student loans are actually split into 6 different loans each with different rates, I used a weighted average interest rate calculator to help simplify things.
The goal wasn't perfect accuracy, but rather to create a visual tool to motivate myself and make my debts feel more achievable. I made a copy of the spreadsheet and plan to fill in the cells with the actual amounts as they occur to compare to the estimated projections.
Doing this really helped make me feel less worried about my debts and got me excited for the future.
Submitted April 28, 2018 at 06:35PM by CheCheBuns https://ift.tt/2JyAj4S
