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Home > Strange movement on student loan; hit December debt goal!

Strange movement on student loan; hit December debt goal!

December 17th, 2011 at 05:54 am

Well, it looks like my payments to NT's student loans hit ... strange though. I paid $2325 over the past two months, but they show a payment of $2577. Maybe it's to adjust the interest accrual, though there's no way I accrued that much more by the payments not posting. So I'm kinda confused, but I'll record it.

I also sent $2711 to them just today. I have no idea when it will post, so I'm counting it now. Since interest appears to be paid up, I guess nearly all of it will go toward principal!

Most of the first two payments I already calculated into my October and November debt repayment, but more principal was paid down than I expected. Anyway, to make a confusing story short, I'm calculating that $2946 went to principal that I haven't already counted. Nice! This means I exceeded the December goal of $1960; we actually paid $3759 in December!

2011 is ending with a bang! Smile

3 Responses to “Strange movement on student loan; hit December debt goal!”

  1. creditcardfree Says:
    1324126680

    Yipee!! More debt paid off!!

    ~~~Happy dancin'~~~

    I hope their site is up soon, so you can know the details of that loan. We personal finance nerds (meant in the nicest way) always want to know the details, am I right?

  2. MonkeyMama Says:
    1324137723

    Yay!

  3. frugaltexan75 Says:
    1324183796

    Fantastic!

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