Debt Elimination Summary

The Debt Elimination Summary Report is available only with the Debt Reduction Schedule or Timed Debt Elimination plan. It lists all current debts, payments, rates, time of payoff, etc. The report also lists the same information based on the new proposed payoff plan. The amount of interest to be saved as well as any reduction in time is displayed. A sample report is shown below.
 
Current Debt Analysis
Displays the current debt situation and the current payments being made on each debt. The total amount of interest paid is displayed above the chart.
 
Proposed Debt Payoff Plan
This chart displays the results using the new payoff plan developed - including the payoff priority method, extra payment amounts, etc. The total interest paid under this plan is displayed above the chart as well as the savings generated by adhering to the plan.