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Home > Debt Update 10/2/15

Debt Update 10/2/15

September 29th, 2015 at 07:03 am

Posting our 2 week debt update a few days early since we will be in Denver on Friday. Very excited for the Vikings Game and some much needed TLC after wedding, house closing, cleaning, packing, moving, rummage sale.....ooofta!!! Can't wait to relax with a chelada!

MO and I are each bringing $1000 for spending money on the trip (food/drinks at the game, souvenirs, gambling, etc.) Whatever we bring home from our spending money we will put into the Mom Loan Savings. I really think we can have that paid off in a year or less!

Student Loan $0
Payback Savings $0
David's Bridal $0
Scheel's Card $0
Total Rewards $0
LOC - US Bank $0
Ring Iddeal $0
Loan from Mom $14,247.50
Store Loan $13,678.42
HELOC $29,571.90
MO Mortgage $88,557.15
My Mortgage $159,100.00
Our Mortgage $256,500.00
Total = $561,654.97

$362.27 paid off in the last 2 weeks.

Starting total was $584,391.18.
$22,736.21 paid off since 6/19/15 (including downpayment on house)

We have $1250.00 in a savings account to pay off my Mom, so the amount we still owe her is $12,997.50.

3 Responses to “Debt Update 10/2/15”

  1. LivingAlmostLarge Says:

    It's crazy how fast you are paying off debt. I mean $22k in 3 months seems seriously fast. How did you do it?

  2. Banker Gurl Says:

    The $22K includes the amount we paid as a downpayment towards our new home, so if you don't count that, then we paid off $9,236.21 in 3 months of other debt. We are just doing our best to focus and get rid of this junk! Smile

  3. rob62521 Says:

    Hope you have a fine time in Denver!

    Good job on working down that debt.

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