13 Month Progress Update

13month

My debt update is kind of late this month.  I’m still without a computer and am using my husband’s.

Original Debt (December 14, 2012): $102,645

Current Debt (13 months later): $96,792

My debt has decreased by $629 since last month, an overall reduction of $5,853 in 13 months.  I’m now at 5.7% of my debt payoff goal.

I’m not going to take the time to calculate how much has gone towards interest in the past 13 months, but it’s A LOT.  I hate interest.

DEBT BREAKDOWN

Federal Student Loans $57,468 $57,627 (up $159 since last month, an overall $1,727 increase over 13 months)

Private Student Loans $38,135 $37,953 (down $182 since last month, an overall decrease of $2,668 in 13 months)

  • StudentLoan#1: $6,122 $5,967 (down $155 since last month, an overall decrease of $1193 in the past 13 months)
  • StudentLoan#2: $10,725 $10,714 (down $11 since last month, an overall decrease of $486 in 13 months)
  • StudentLoan#3: $17,433 $17,425 (down $8 since last month, an overall decrease of $815 in 13 months)
  • StudentLoan#4: $3,855 $3,847 (down $8 since last month, an overall decrease of $174 in 13 months)

US Bank Credit Card $1,818 $1,212 (down $606 since last month, down $3,445 in 13 months)