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Truck Loan Balance Goes Down!!

June 20th, 2012 at 11:10 am

Our regular payment towards the truck loan was a couple days ago. We paid $31.53 in interest and $297.60 towards the principal balance.

Our new balance on the truck is $10,636.05. Right now this is our only debt since the house loan was paid off yesterday!

It is tempting to use some house proceeds to pay off this loan since it would free up a payment every month. I would at least have to continue to make payments to our savings account to pay ourselves back. Something to think about!

2 Responses to “Truck Loan Balance Goes Down!!”

  1. Beawealthywarrior Says:

    You may want to just wait to get settled in to see where you're at and then if there's funds still available, throw it at the loan.

  2. PNW Mom Says:

    Congratulations! I too would wait...at least a bit until you are settled and then if you can...why not? One less bill to worry about Smile

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