PROGRESS UPDATE
Original Debt (December 14, 2012): $102,645
Current Debt (32 months later): $85,308
My debt has decreased by an overall reduction of $17,337 in 32 months. I’m now at 16.89% of my debt payoff goal.
DEBT BREAKDOWN
Federal Student Loans $61,342 $61,770 (An overall increase of $5,893 in 32 months)
Private Student Loans $24,715 $23,538 (An overall decrease of $17,553 in 32 months)
- StudentLoan#2:
$7,949$7,045 (an overall decrease of $5,327 in 32 months) - StudentLoan#3:
$16,766$16,493 (an overall decrease of $1,766 in 32 months) StudentLoan#1: $0Paid in Full- Original Balance: $6,300
- Capitalized Interest: $1,663
- Paid Since Start of Blog: $8,119; Amount Towards Interest: $918
- Total Amount Paid (full life of loan): $9,415
- Total Towards Interest (full life of loan): $2,890
StudentLoan#4: $0Paid in Full- Original Balance: $6,288 (-$3,288 School Refund…they took out too much)
- Capitalized Interest: $802
- Paid Since Start of Blog: $4,645; Amount Towards Interest: $918
- Total Amount Paid (full life of loan): $5,933
- Total Towards Interest (full life of loan): $2,504
Hey Kasey,
Way to chisel down the debt. Don’t grow weary!
Keep it up. So many people are struggling with their own debts, and your story is and will be an inspiration!
Thank you! It’s definitely a difficult journey. Will be checking out your site for some motivation!