Emergency Fund: 1,000.00 Goal!!!
3-6 Month Living Expenses 1,415.00 (Goal 5,000)
Wells Fargo (A) 25,000 YIKES! My new balance is 24,300.00. I make my regular 90 dollar minimum (interest only). I would like to get them the total snowball payment of 527 this month. I have a higher interest rate compared to my mortgage, and student loan.
3-6 Month Living Expenses 1,415.00 (Goal 5,000)
Wells Fargo (A) 25,000 YIKES! My new balance is 24,300.00. I make my regular 90 dollar minimum (interest only). I would like to get them the total snowball payment of 527 this month. I have a higher interest rate compared to my mortgage, and student loan.
UPDATE: I sent Wells Fargo a 250 dollar payment on Thursday and marked it for principle only. I am waiting for my new statement to come with the updated balance. Last month, I sent them a total of 500 dollars. I'm hoping with my next pay check to send them the 277 to equal the 527 a month. The 90 dollar payment is an automatic withdrawal from my checking account.
Student Loan 15,000 total another yikes!!!! 167 a month...will keep this amount until Wells Fargo A is paid off. (when the above is paid off, then I will put 572.11 a month and the normal 167 towards this loan). New balance is 14,430.84.
Student Loan 15,000 total another yikes!!!! 167 a month...will keep this amount until Wells Fargo A is paid off. (when the above is paid off, then I will put 572.11 a month and the normal 167 towards this loan). New balance is 14,430.84.
UPDATE: I paid 167 on Thursday. The new balance is 14,272.43
I'm not sure which gets paid off first, whether it's the lowest interest rate, and then moves to the next one. Any thoughts?
| Type | Principal | Interest Rate |
|---|---|---|
| Subsidized | $2,536.64 | 3.4% |
| Subsidized | $4,825.11 | 4.5% |
| Unsubsidized | $6,906.44 | 6.8% |
Mortgage was 90,000 total....633.21 a month. The new balance is 72,275.45.
My goals are to have at least another 585 to the living expenses by the end of 2013.
I would like to see Wells Fargo A hit the 23,000 mark by the end of 2013.
My goals are to have at least another 585 to the living expenses by the end of 2013.
I would like to see Wells Fargo A hit the 23,000 mark by the end of 2013.
Other than the posted credit, I only have the regular house stuff, like electric, cable, phones, car insurance, internet, etc etc. I worked hard last year and earlier this year to get my smaller "debt" paid off, like some medical bills, JCP card, car payment, and my husband's credit card.
My plan is to have my house paid off by 2023...I would only have my monthly stuff and be completely debt free. What an awesome feeling.
Good steady progress. Congratulations
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