Monday, March 24, 2014

Updated Breakdown of What I Owe as of March 2014: $173,525.38

Here's an updated breakdown of what I owe:

  • Federal Student Loans: $123,475.86 @ 5.75%
  • Private Loan 1: $11,523.96 @ 5% (paid off 3/7/14!!!!!)  
  • Private Loan 2: $10,024.27 @ 3.03%
  • Private Loan 3: $40,025.25 (made up of 6 4 separate loans) @ various, ranging from 3.22-3.72%. Here's the breakdown for this one:
    • $11,652.79 @ 3.22% 
    • $10,832.18 @ 3.72%
    • $8,936.85 @ 3.72%
    • $8,603.43 @ 3.72%
    • $2,128.50 @ 3.72% (paid off 2/28/14!!!!!)  
    • $2,114.48 @ 3.72% (paid off 2/28/14!!!!!)  
And the grand total is.................   $173,525.38.  

I've now taken my first major steps toward debt payoff, by paying off 3 separate loans.

My next goal is to pay off the loan I have in the amount of $8,603.43 by the end of April 2014.  Wish me luck!



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