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Loan snapshot

December 2nd, 2019 at 05:08 am

It's been a little while since I posted a student loan update. Still here working on them.

Loan snapshot:
Private loan: $19,612.46 principal and $454.07 interest – PAID OFF
Grad plus loan: $9,546 principal – PAID OFF
Stafford loan #1: $8,500 principal – PAID OFF
Stafford loan #2: $8,500 principal- PAID OFF
Stafford loan #3: $8,500 principal and $1,399.20 interest: Balance: PAID OFF
Stafford loan #4: $43, 595.23 principal and $10,794.81 interest: -PAID OFF
Stafford loan #5: $32,231.64 principal and $75.19 interest: Balance $32,306.83
Stafford loan #6: $44,013.66 principal and $8,459.32 interest: Balance $52,472.98
Stafford loan #7: $48,070.76 principal and $9,238.78 interest: Balance $57,309.54
Total remaining balance: $142,089.35 Remaining principal $124,316.06 Interest: $17,773.29

Posted in Debt, Personal Finance | 2 Comments »

2 Responses to “Loan snapshot”

  1. crazyliblady Says:
    December 2nd, 2019 at 06:26 pm 1575311184
    1575311184

    You have 6 out of 10 of them paid off? That's awesome! You could probably teach us a thing or two. What is your secret?

    Give yourself a pat on the back and keeping going! You go, girl!

  2. Greenleaf Says:
    December 3rd, 2019 at 01:38 am 1575337086
    1575337086

    Honestly, there is no secret- just super lucky to be making a salary right now that allows me to make progress on this. You can see that in the past when that wasn't the case, my progress was much slower. Nothing is guaranteed in life, so I'm just trying to take advantage of this opportunity to pay off as much debt as possible. I also don't have a lot of other significant financial obligations right now, like a child in college. Otherwise it's easy to avoid making extravagant purchases when I know I owe the government so much money!

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