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Year End Truck Loan Balance

December 29th, 2012 at 08:31 am

Our January 1 paycheck has arrived in our bank account, so I have paid bills and made an extra principal payment to our truck loan.

I planned to send in $291.40, but rounded up to $293.00, to make our year end balance a nice even $4,500.

We began the year of 2012 with a balance of $12,412.06 on this loan, which means we have paid off $7912.06!!

Darn...didn't realize I was so close to an even $8K in principal payments, otherwise I might have added in some more.We WILL pay off this truck loan in 2013. Hopefully really, really soon!

How much debt (include mortgage if you want) did you pay off this year?

8 Responses to “Year End Truck Loan Balance”

  1. Beawealthywarrior Says:

    That's so awesome, congrats!

  2. wowitsawonderfullife Says:

    Wow, that's fantastic!

  3. snafu Says:

    Terrific paydown on truck. Setting a goal is so important for something tangible to work towards. I'm, sure you'll get the truck paid off because you're focused. Good on you.

  4. texasdisneygirl Says:

    So cool! Great job!

  5. jolie Says:

    Well done on the truck payments. I am shooting for $8000+ for debt repayment this year.

  6. Ima saver Says:

    I paid off my husband's work van this year! Good job!

  7. FrugalTexan75 Says:

    You're going to have that paid off in no time!

  8. Looking Forward Says:

    That is sooo awesome!!!

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