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Debt Payments in April: $2,580.53 Interest: $2,078.73 Principle: $501.80 Total Debt: $311,014.06 Second Mortgage: $31,482.99 Rental Mortgage: $108,899.92 Primary Mortgage: $170,631.15 ***** Our Debt Snowball is taking a breather. We made our regularly scheduled payments and nothing extra. And I’m okay with that. Instead of throwing snowflakes on the debt snowball, I am throwing as [...]
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We paid off our consumer debt last month! Woo-hoo! Oh, wait. Did I mention that already? But we still have a boat-load of mortgage debt. Here’s the skinny. Second Mortgage: $31,552.49 Primary Mortgage: $170,820.61 Rental Mortgage: $109,150.33 Total Mortgage Debt: $311,523.43 *gulp* We are taking a brief hiatus on the debt snowball to build up [...]
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January’s Progress Debt #1 Original Balance (in May): $2260.17 Paid Off Debt #2 Original Balance (in May): $6493.00 Paid Off Debt #3 Previous Balance: $3,396.21 paid $1,768.50 Current Balance: $1,627.71 Original non-mortgage Debt (in May): $19,375.72 Current Grand Total: $1,627.71 *** I have high hopes for paying off this debt completely by the end of [...]
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December’s Progress Debt #1 Original Balance: $2260.17 Paid Off Debt #2 Original Balance: $6493.00 Paid Off Debt #3 Previous Balance: $4.907.12 paid $1510.91 Current Balance: $3,396.21 Original non-mortgage Debt: $19,375.72 Current Grand Total: $3,396.21 *** What I said a month ago… “Obviously our tenants moving out of our rental house in Vegas is going to [...]
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November’s Progress Debt #1 Original Balance: $2260.17 Paid Off Debt #2 Original Balance: $6493.00 Paid Off Debt #3 Previous Balance: $6,607.12 paid $1000.00 Current Balance: $4,907.12 Original non-mortgage Debt: $19,375.72Current Grand Total: $4,907.12*** Obviously our tenants moving out of our rental house in Vegas is going to put a damper on our debt eradication. We [...]
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October’s Progress Debt #1 Original Balance: $2260.17 Paid Off Debt #2 Original Balance: $6493.00 Paid Off Debt #3 Previous Balance: $8,802.00 paid $1000.00 Current Balance: $6,607.12 Original non-mortgage Debt: $19,375.72Current Grand Total: $6,607.12*** We paid $2,128.10 in debt last month! Woo-hoo! We met and even exceeded our goal of $2000! One snowflake that helped us [...]
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September’s Progress Debt #1 Original Balance: $2260.17 Paid Off Debt #2 Original Balance: $6493.00 Paid Off Debt #3 Previous Balance: $9,802.00 paid $1000.00 Current Balance: $8,802.00 Original non-mortgage Debt: $19,375.72Current Grand Total: $8,802.00*** Our snowball clearly took another hit in September. Our goal is to put $2000 toward debt every month. In September we managed [...]
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August’s Progress Debt #1 Balance in April: $2260.17 *Still Paid Off* (wOOt!) Current Balance: $00.00 Debt #2 Previous Balance: $389.09 PAID OFF! Current Balance: $00.00 Debt #3 Previous Balance: $10,270.55 Paid minimum balance of $68.00… and an extra $400.55 Current Balance: $9,802.00 Previous Grand Total: $10,659.64Current Grand Total: $9,802.00 You might say our debt eradication [...]
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July’s Progress Debt #1 Balance in April: $2260.17 *Still Paid Off* (wOOt!) Current Balance: $00.00 Debt #2 Previous Balance: $2,437.06 Paid minimum balance of $73.00… …and an additional $1974.97 Current Balance: $389.09 Debt #3 Previous Balance: $10,305.55 No minimum due because I paid extra in June (late). Current Balance: $10,270.55* *The balance decreased by $35 [...]
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June’s Progress Debt #1 Balance in April: $2260.17 *Still Paid Off* (wOOt!) Current Balance: $00.00 Debt #2 Previous Balance: $4,802.56 Paid minimum balance of $188.00… …and an additional $2177.50 Current Balance: $2,437.06 Debt #3 Previous Balance: $10,516.55 Paid minimum balance of $246.00 Current Balance: $10,305.55 Previous Grand Total: $15,319.11Current Grand Total: $12,742.61
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