27 June 2017

How will I pay it off

Total dept on 01-06-2017: € 20.285,53

Paying off mandatory amount: € 4.489,20
- Monthly amount of € 124,70 > € 4.489,20 over 3 years

Saving: € 16.510,80
- Monthly € 375,30 > € 13.510,80 over 3 years
- Annually in April (holiday allowance and bonus) € 1.000 > € 3.000,00 over 3 years

Any amounts that I free up by changing or not doing things, will be added to the savings account as well. This way I should be able to save up the €16,5K even quicker.

Grand total on 01-07-2020: € 21.000,00

Left over for a Debt Free Party: € 714,47


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