I know there is an abundance of calculators out there that help a person figure out how many payments remain on a debt based on interest and monthly installments. But what I'd really like to know is how might I be able to do this same calculation while taking into account predictable increases in payment. For example, I know X student loan will be paid in, say, 1 year - at that point, that newly "free" money/payment will be redirected to Y student loan.
Maybe that seems a little obsessive, maybe it's not even that hard of a question, but I've been obsessively combing through my finances since January and I keep getting even more granular over time. Gives me something to aim for but I'm not that great with the math beyond basics.
Submitted March 21, 2018 at 09:26PM by redthro88 http://ift.tt/2G1r0ZO