<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Are You Snowballing?
 

Are You Snowballing?

January 29th, 2009 at 07:41 am

I noticed on campfrugals side bar a link to a site called whatsthecost.com. It has a place to calculate and save, if you so desire, a payoff for your debts. It's a snowball calculator.

I input some of my numbers for our home equity loan and our van loan. We owe over $24K on the van that we bought in May. But if we snowball our payments we could have both loans paid off by July 2010! Wow! That's about all I can say. Wow!

Check it out here.

We have snowballed in the past, and it does work. The calculator just makes it more fun! Fun, really fun!! I'm going to go play with it some more. Smile

Posted in Home Equity Payoff | 4 Comments »

4 Responses to “Are You Snowballing?”

  1. LuxLiving Says:
    January 29th, 2009 at 08:09 am

    I did snowball back in the day when we had lots of cc debt and car payments. It works.

  2. smiley2009 Says:
    January 29th, 2009 at 08:12 am

    Yes I am it works excellent it keeps you motivated as you see yourself attacking the debt. I still have a ways to go but have come a long way thanks to the snowball. I'm so motivated on the 15th of each month knowing that each month i've paid something off. Throught the snowball plan I paid of $10,547 last year alone.

  3. fruitbowlk Says:
    January 29th, 2009 at 09:12 am

    I only have one credit card to pay off so I'm not sure that you can snowball that.

  4. Lady T Says:
    January 29th, 2009 at 07:59 pm

    I had used this calculator a year or so ago, then couldn't remember what site it was from ... so I'm so glad to know where it is again! This thing rocks!! Smile

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 6.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]