[Debt Snowball] End of May 2017 update

2017-05-23 20.35.40

Here’s a snapshot of where I am at the end of May 2017:

  • Capital One Credit Card - paid off! starting balance at beginning of January 2017: $1,392.73
  • Credit Union Line of Personal Credit current balance - $4,234.41
    starting balance at beginning of February 2017: $6,446.31
    $2,211.90 paid off this year.
    Estimated pay off date: October 2017
  • Car Loan current balance- $5,856.43
    starting balance at beginning of January 2017 $7,431.64
    $1,575.21 paid off this year.
    Estimated pay off date: January 2018
  • Student Loan #1 current balance - $6,921.76
    starting balance at beginning of January 2017 $7,805.57
    $883.81 paid off this year.
    Estimated pay off date: April 2018
  • Student Loan #2 current balance - $9,415.33
    starting balance at beginning of January 2017 $9,749.15
    $333.82 paid off this year
    Estimated pay off date: October 2018
  • Student Loan #3 current balance - $13,969.74
    starting balance at beginning of January 2017 $14,452.24
    $482.50 paid off this year
    Estimated pay off date: May 2019

TOTAL DEBT PAID OFF SO FAR IN 2017: $6,879.97

TOTAL DEBT LEFT TO PAY – $40,397.67 ESTIMATED PAYOFF DATE – MAY 2019

Check out previous recaps here: April 2017March 2017February 2017

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>