I just made the final payment on our HELOC!
We opened the account in August 2017 and made the one and only transaction on 9/7/17 for $14,416.50. That was to pay for an insurance policy I had to take out when I left my practice that month.
We have made payments totaling $14,602.35 so we paid $185.85 in interest.
Most importantly, we repaid the loan in 9-1/2 months.
Our only remaining debt is our mortgage and the plan is to add $1,000/month to that payment and have it paid off by October 2019 at the latest.
We opened the account in August 2017 and made the one and only transaction on 9/7/17 for $14,416.50. That was to pay for an insurance policy I had to take out when I left my practice that month.
We have made payments totaling $14,602.35 so we paid $185.85 in interest.
Most importantly, we repaid the loan in 9-1/2 months.
Our only remaining debt is our mortgage and the plan is to add $1,000/month to that payment and have it paid off by October 2019 at the latest.
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