| Description |
Without Plan |
With Plan |
Savings |
|
| Time to pay off all debts |
30 years |
12.75 years |
17.25 years |
| Interest paid on all debts |
$241,562.47 |
$100,008.60 |
$141,553.87 |
| Investment or savings balance |
$0.00 |
$1,363,440.10* |
|
|
|
* This figure is the result of total monthly debt payments invested at 8% once
all debts are paid off (for 17.25 years).
|