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Home > Debt Update - 12/22/17

Debt Update - 12/22/17

December 29th, 2017 at 10:23 pm

A week late in posting, but here is our latest update!

$1014.43 paid off in the last 2 weeks!!!

Celebrations for this update:
-$1014.43 paid off in the last 2 weeks!
-My Mortgage went under the next $1000 mark and under $150
-Our Mortgage went under the next $1000 mark!
-Total Debt went under the next $1000 mark!


Student Loan $0
Payback Savings $0
David's Bridal $0
Scheel's Card $0
Total Rewards $0
LOC - US Bank $0
Ring Iddeal $0
Best Buy $0
HELOC $0
Store Loan $7,116.12
Mom Loan #2 $17,327.47
MO Mortgage $83,740.75
My Mortgage $149,980.00
Our Mortgage $246,688.21
Total = $504,852.55

Down $1014.43 in the last 2 weeks!!

Starting total was $587,351.27
$82,498.72 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $2880 in a savings account to pay off the Mom Loan, so the amount we still owe that is $14,447.47.

Posted in $20K challenge | 3 Comments »

3 Responses to “Debt Update - 12/22/17”

  1. Bluebird Says:
    December 29th, 2017 at 11:45 pm 1514591118
    1514591118

    Do you make lump sum payments on the mom loan? Will you be paying her the $2880 soon? Great progress!

  2. Banker Gurl Says:
    December 30th, 2017 at 12:21 am 1514593270
    1514593270

    Bluebird - We were planning on paying her off in full by the end of 2017, but due to a lot of medical bills coming in 2018, and us being short a renter, we will now be waiting till we are on more solid financial ground.

  3. rob62521 Says:
    December 31st, 2017 at 09:15 pm 1514754911
    1514754911

    Excellent progress!

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