Use Minimum Payment



The Minimum Payment option as shown in the image below is only available when using the Debt Reduction Schedule. By selecting this option, Debt Analyzer creates a schedule using the minimum payments for all loans each month. For any debt that has a current payment higher than the minimum payment, Debt Analyzer applies the difference to the highest priority loan.
 

Debt Analyzer Window

For example: If priority loan #8 has a current payment of $100.00, but the minimum payment is only $60.00, then the difference ($40.00) will be applied to priority loan #1. Priority loan #8 will then only have $60.00 applied to it each month.
 
Debt Analyzer can automatically order the payments to best meet priorities in paying off all debts.