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    Balance before my 9/1 payment: $39,089.48

    On a different note, I made the final payment on my wife's van a couple of weeks ago. We had been paying $400/month on that (which was more than the actual payment) and made a couple of $1,000 payments at the end to get rid of it. So that frees up cash each month that will now go toward college expenses.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

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      Originally posted by disneysteve View Post
      Balance before my 9/1 payment: $39,089.48

      On a different note, I made the final payment on my wife's van a couple of weeks ago. We had been paying $400/month on that (which was more than the actual payment) and made a couple of $1,000 payments at the end to get rid of it. So that frees up cash each month that will now go toward college expenses.
      Congrats on the van!
      Kill the debt, before it kills you!

      Comment


        Originally posted by Randomsaver View Post
        Focused Debt : $2K
        Focused Debt : $1K
        Kill the debt, before it kills you!

        Comment


          I can't wait to see page 25 of this thread.
          Kill the debt, before it kills you!

          Comment


            Originally posted by Randomsaver View Post
            Mortgage Principal : $125K

            With Brexit, Dow tumbled 3.4%. Glad I have limited my exposure from $28K to just $2K ( which is now just $2K/1.034).

            Mini celebration for enduring the first 6 months of the year guys. I bought me some fancy beers to enjoy. I got Blackstone Nut Brown Ale and Nitro Coffee Stout.

            I was looking also for my favorite Crabbie's Ginger Orange but the one the only have in store is Ginger Lime.

            Also found out wine is now being sold in my Kroger though I did not see my favorite -- Germany's 2013 Peter Mertes Platinum Dornfelder.
            Mortgage Principal : $118K
            Kill the debt, before it kills you!

            Comment


              Originally posted by Randomsaver View Post
              My monthly interest expense went down from $326 on 3/1/2016 to $301 for 6/1/2016. That is $25 payment swing to the side of principal reduction.
              My monthly interest expense went down from $301 on 6/1/2016 to $278 for 9/1/2016. That is $23 payment swing to the side of principal reduction.

              I"d be very ecstatic once my expense goes down below $200. That would be a hoot.
              Kill the debt, before it kills you!

              Comment


                Originally posted by Randomsaver View Post
                My monthly interest expense went down from $301 on 6/1/2016 to $278 for 9/1/2016. That is $23 payment swing to the side of principal reduction.

                I"d be very ecstatic once my expense goes down below $200. That would be a hoot.
                Good Job!!! You're really chipping away at it!

                Comment


                  Originally posted by Randomsaver View Post
                  Mortgage Principal : $118K
                  Mortgage Principal : $117K
                  Kill the debt, before it kills you!

                  Comment


                    Originally posted by Outdoorsygal View Post
                    Good Job!!! You're really chipping away at it!
                    Thanks Outdoorsygal and GoodSteward.
                    Kill the debt, before it kills you!

                    Comment


                      Originally posted by Randomsaver View Post
                      Mortgage Principal : $117K
                      Mortgage Principal : $116K
                      Kill the debt, before it kills you!

                      Comment


                        I've still got like 365K on my mortgage...: (
                        james.c.hendrickson@gmail.com
                        202.468.6043

                        Comment


                          Originally posted by Eagle View Post
                          Mortgage Principle: $94,074.45

                          Not much progress. We've had a lot of extra expenses we have cash flowed such as my car maintenance, family van maintenance, doctors visits, daughter's emergency room visit, and daughter's surgery. Hopefully the second half of the year will be better.

                          Mortgage Principle: $92,270.31

                          Not a lot of progress but some.

                          Originally posted by Nutria View Post
                          That's why I prefer the flexibility of 30 year mortgages over 15s.

                          Have you considered paying these kinds of large debts using 0% (technically, "3%") transfer offers? They help to keep you liquid (in case you really need a lot of dead Presidents up front for something), and you can set up automatic payments for as many months in the 0% offer window.
                          I guess that's not a bad suggestion if money got tight. I don't think we want to take on any more debt though. Yes, it's nice that we have a 30 year instead of a 15 year.

                          Originally posted by Randomsaver View Post
                          Hang in there buddy. Here's wishing you and all those paying mortgage a better half of the year!
                          Thanks Random! I see you've made great progress! Keep at it!
                          ~ Eagle

                          Comment


                            Originally posted by james.hendrickson View Post
                            I've still got like 365K on my mortgage...: (
                            Count it down here. Always nice to look back and see how dollars go down over time.
                            Kill the debt, before it kills you!

                            Comment


                              Originally posted by Eagle View Post
                              Mortgage Principle: $92,270.31


                              Thanks Random! I see you've made great progress! Keep at it!
                              Nice to see you here. Hope your daughter's ok now.
                              Kill the debt, before it kills you!

                              Comment


                                Went to dentist and they estimated $2600 for one tooth of root canal and crown. That is actually already net of estimated cover by my dental plan. Oh my. I said I'll table it for now and look to doing it if I receive a bonus next year as my priority is paying down the mortgage.
                                Kill the debt, before it kills you!

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