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July 2016 debt payments

July 10th, 2016 at 10:00 am

I'm back! Probably going to do several entries today to get all caught up. But first, our July debt payments. All mortgage payments hit, and at our old exchange rate for the UK mortgages, we paid:
US: $675 to principal
UK1: $226
UK2: $48
UK3: $50

So $999 total.

I could calculate it at the old rate, but I just didn't bother. I'll do it next month. We were so close to having $1K per month be the minimum, but now with the lower exchange rate, that won't happen for a while.

However, I'm now switching our debts to the $1.50 exchange rate, plus adding the $4K our neighbors gave us (they said it was toward buying their share of the house, but until we all sign a proper contract, I'm considering it a debt to them). So our new debt totals are:
US Mortgage (duplex) $403,626
Loan from friends (duplex) $9,000
UK Mortgage 1: $43,976
UK Mortgage 2: $9,270
UK Mortgage 3: $9,762
TOTAL DEBT $475,634

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