I might be able to do this in just another short 18 months. Based on my current debt of $19,181.98 and my average interest rate of 3.5%, I should be able to pay it off by December 2006. According to a debt payment calculator found here I can shave 3 months off of my time by making bi-weekly payments and save $60 in interest payments. Yahoo!
http://www.free-financial-advice.net/time-to-pay-debt.html
Monday, June 06, 2005
Making Multiple Payments a Month as Opposed to One
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