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now were at the fun part where were gonna dive into a scenario here were going to put all the information together and really run these numbers to see does this thing really make sense or is this kid crazy in the head I want you to be the judge of that lets look at all the numbers here here we go heres your four major numbers your income expense debt cash flow okay lets just say these are your numbers we got the debt tool from over here a line of credit 10k thirteen percent its rough its revolving simple interests wonderful unsecured no collateral wonderful we have a debt 100 grand heres the breakdown hundred thousand dollars five percent amortized loan 20 years call that student loans okay heres how your monthly payment is broken down okay your monthly payment is 650 996 on the 5th of every month okay and you have interest 416 dollars sixty-seven cents so of the 650 996 416 67 straight towards interest P is principal money thats actually paying off the hundred K two hundred
