23 Month Progress Update

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

Current Debt (23 months later): $89,966  <—-Look at that!  Under $90k!  w00t!

My debt has decreased by $787 since last month.  An overall reduction of $12,679 in 23 months.  I’m now at 12.35% of my debt payoff goal.

DEBT BREAKDOWN

Federal Student Loans $59,473 $59,690 (up $217 since last month, an overall $3,790 increase over 23 months)

Private Student Loans $31,280 $30,276 (down $1,004 since last month, an overall decrease of $10,345 in 23 months)

  • StudentLoan#1: $3,059  $2,842 (down $217 since last month, an overall decrease of $4,318 in the past 23 months)
  • StudentLoan#2: $10,553 $10,446 (down $107 since last month, an overall decrease of $744 in 23 months)
  • StudentLoan#3: $17,156 $16,987 (down $169 since last month, an overall decrease of $1,253 in 23 months)
  • StudentLoan#4: $513 $0 (down $513 since last month, an overall decrease of $4,021 in 23 months)

StudentLoan#4 is GONE!  Navient went back and credited me the $0.13 since a $0 balance loan can accrue no interest!  I now wait 30-45 days for a paid in full notice.

It’s time to zero in on StudentLoan#1, like originally planned!  REALLY hoping I can get that paid off before the new year.  Holy crap, it’s November already!  Time certainly flies by!

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8 thoughts on “23 Month Progress Update

  1. Congrats on paying off loan #4! You made some great progress this month. Good luck with paying off loan #1 now, hopefully you can pay it off or get it close to paid off heading into 2015.

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