18 Month Progress Update

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

Current Debt (18 months later): $93,601

My debt has decreased by $634 since last month.  An overall reduction of $9,044 in 18 months.  I’m now at 8.81% of my debt payoff goal.

DEBT BREAKDOWN

Federal Student Loans $58,294  $58,572 (up $248 since last month, an overall $2,672 increase over 18 months)

Private Student Loans $35,941 $35,029 (down $912 since last month, an overall decrease of $5,592 in 18 months)

  • StudentLoan#1: $4,619 $3,734 (down $885 since last month, an overall decrease of $3,426 in the past 18 months)
  • StudentLoan#2: $10,573 $10,574 (up $1 since last month, an overall decrease of $616 in 18 months)
  • StudentLoan#3: $17,207 $17,197 (down $10 since last month, an overall decrease of $1,043 in 18 months)
  • StudentLoan#4: $3,532 $3,524 (down $8 since last month, an overall decrease of $497 in 18 months)

I love seeing StudentLoan#1 decrease now that I’m paying off mostly principal.  Can’t wait to get that one paid off completely!

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6 thoughts on “18 Month Progress Update

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