1. How to use the minimum payment calculator to find the minimum payment, interest paid and length of time
2. How to use the extra payment calculator to determine how much sooner you would pay off the debt and how much interest you would save.
3. Know one reason why paying the minimum is a bad idea.
4. Know one reason why making extra payments is a good idea.
Worksheets in Notebook:
Snowball Debt Repayment
Snowball Debt Questions
Minimum Payment Payoff Worksheet
Extra Payment Calculations