No fanfare...just the numbers.
Repayment: $221 per paycheck (26 per year)
Current balance: $11,551.70
Repayment: $229 per month
Current amount: $21,819.21
Yay! It rolled down to the next thousand. But since we are no where close to doing anything about this other than the current payment....it is pretty boring. We are just under a year away from it being under $20k, and this is the last debt on the list that will be paid.
Current amount: $10,679.60
Repayment: $230 per month
Current amount: $4,245.00
G-man's CarRepayment: $127 per month
Current amount: $2,865.00
We have officially crossed the 50% mark on this! I took about $200 from the buffer that we keep (that slush was just too slushy) and paid extra (above the rounding that I always do anyway). Yay.
We are about a month away from being below $50k....which will be the next milestone. I had hoped to be under 50k for this update, but I just couldn't swing it. For about 5 min, I thought about pulling money from EF to do it, but decided we needed to have the cash given all of our moving stuff and too much being up in the air.
I am looking forward to being in the 40's though. Mentally it is a huge thing, even though the reality is that we still have a ways to go. I am predicting about 14k will be paid off in next year just by the nature of the beast, and by the end of 2016, my car will be paid off, and G-man's car will be a few months later. I would love to have both paid off by the end of 2016, but we will see how it goes.
There ya go.