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Home > May debt goal reached, and another tombstone in the Old Debt Graveyard!

May debt goal reached, and another tombstone in the Old Debt Graveyard!

May 30th, 2012 at 07:28 pm

AS's two student loans hit, with $128 and $61 going to principal, so $189 total. That makes it $1151 paid toward debt this month, surpassing the $1100 goal.

Also, the smaller of the two payments was the final payment on that loan! That's right, another loan bites the dust!!

It's funny, because when I logged in, it still showed a 1-cent balance, but next payment due date was N/A. You better believe I called them to make sure that wasn't going to trigger a late fee if I didn't set up a payment! They assured me that the one cent would be forgiven with no payment and no danger of a late fee.

That takes AS down to just one student loan and her half of the mortgage she and I share. Here's how our remaining debt breaks down, with interest rate, if anyone is interested:

US Mortgage: $163,748 (3.25% var.)
UK Mortgage 1: $72,301 (1.49% var.)
UK Mortgage 2: $15,242 (1.49% var.)
UK Mortgage 3: $16,049 (1.49% var.)
AS SM student loan: $11,468 (3.25% fixed)
NT DL student loan: $15,620 (6.175% fixed)
NT FM student loan: $5,510 (3.8% var.)
NT Education (estimated future debt) $10,834 (interest n/a til borrowed)

TOTAL HOUSEHOLD DEBT $310,772

9 Responses to “May debt goal reached, and another tombstone in the Old Debt Graveyard!”

  1. MonkeyMama Says:
    1338406398

    That is awesome!!

  2. Petunia 100 Says:
    1338419514

    Congrats on killing another debt. Are all 3 UK mortgages on 1 house? Just curious.

  3. FrugalTexan75 Says:
    1338422503

    Fantastic!

  4. wowitsawonderfullife Says:
    1338430983

    Congratulations!

  5. ceejay74 Says:
    1338435791

    Thanks everyone! Petunia, yep, it's just one property. The two smaller UK mortgages are like home equity loans. I can't remember exactly what they were for, maybe debt consolidation? It was before we got together that he took them out.

  6. Shiela Says:
    1338435932

    Congrats on getting rid of another one!

  7. creditcardfree Says:
    1338436726

    Congratulations knocking another debt off the list!!

  8. My English Castle Says:
    1338440078

    Nice work, ceejay!

  9. Looking Forward Says:
    1338502093

    Yay!!

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