TYPE OF DEBT | TOTAL COST | REPAYMENT |
---|---|---|
Factory Loan | $2,179,332.21 | $24,165.09 per month |
Bank overdraft | $208,152.49 | $1,195.35 per month |
Home loan | $1,450,000.00 | $10,916.71 per month |
Business Loan | $135,572.47 | $5,992.04 per month |
Grand Total | $4,168,663.87 | |
Previous Total Monthly Repayment | $43,972.47 per month | |
New UBF Repayment | $26,689.76 per month | |
Repayment reduction of | $17,282.71 per month |
TYPE OF DEBT | TOTAL COST | REPAYMENT |
---|---|---|
Home Loan | $498,794.00 | $3,000.00 per month |
Business Loan | $43,000.00 | $676.14 per month |
2 x Business Credit Cards | $40,000.00 | $1800.00 per month |
4 x Personal Credit Cards | $20,000.00 | $ 900.00 per month |
An extra $100,000.00 borrowings from UBF for home improvements | $100,000.00 | |
Grand Total | $701,794.00 | |
Previous Total Monthly Repayment | $6,376.14 per month | |
New UBF Repayment | $2,924.19 per month | |
Repayment reduction of | $3,452.00 per month |