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Archive for March, 2013

March Update

March 19th, 2013 at 01:11 am

On Friday we will make the last extra principal payment for the month of March. The grand total will be $4,380.00. We have three years and ten months left on this loan and we are a little over nine years ahead on the payoff schedule. We continue to prepay on this loan despite the fact that we are paying it in full once we close on the sale of the rental property. I (we) really don't like to count on money, I have yet to receive. We also made March payments on both car loans. The truck loan will be paid off in 17 months.
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I'm leaving to Puerto Rico on Friday; I managed to save $2,500 to spend on this vacation. I don't plan to use it all since lodging will cost $0. I will definitely be generous with the host. I will post pictures upon my return. I will also be making one extra meal a day until Thursday for my guys to reheat on weekdays (they're on their own on weekends).


Rental property is sold!

March 2nd, 2013 at 02:23 am

The sale of our rental home to our son is scheduled to close by April 5th, so it looks like we will be debt free by mid April. If everything goes according to plan we will have enough money to pay our house off as well as both car loans and some remaining (not much) for savings. Meanwhile and until we have the money on our hands, I'll continue to tackle our debts full force.