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Van Loan Ticker Added

March 19th, 2010 at 02:57 pm

I guess it's time. Time to track the van loan. It is one of our 2010 goals, to pay it off. Or at least get much closer to zero!

The current balance is $18,137.47. I'm going to start the ticker there, even though the original loan was larger. We bought the van in May 2008. If we pay it off this year, that makes the borrowing time only 2.5 years. Not bad!

I expect we will pick up the payoff pace in June or July. For now, just expect regular payment updates each month beginning in April!

Update on survey cash out mentioned yesterday: it was deposited yesterday in my paypal account. Only one day after the request. Yipee!

4 Responses to “Van Loan Ticker Added”

  1. NJDebbie Says:

    I can't wait to read that you've paid off your van!

  2. momcents Says:

    Are you splitting your funds 50-50 - half going to EF and half to van?

  3. creditcardfree Says:

    momcents, no not really.

    We are going to spend the next two to three months primarily on the EF. We won't get to the goal in that time. Maybe $5K? After that deployment funds will start coming in, so we will shift to van payoff.

    We want to take advantage of a savings program for deployed military that will pay 10% annual interest. We can go up to $10,000! Once we get the money in there it isn't easy to get out until deployment ends. Thus...we need some cash here at home for emergencies. So we are adding to it before deployment begins.

    I added the ticker just to keep my eye on that goal, too.

  4. pjmama Says:

    I love those tickers! They're so motivating Smile Good luck!

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