I updated the sidebar to include our new loan for the truck. Our initial loan balance is $14,776.68. It is a four year loan with a monthly payment of $329.13. The first payment is due this Tuesday, so we will see the balance start to fall very soon.
I have left the truck savings ticker up since we were a little short on our $12,000 goal. We did put $12K down in cash and borrowed the amount we were short from savings. I will pay back the $78 at the end of this month.
Don't expect to see lots of extras going to pay down this debt right now. We are in status quo mode for at the least the next year since we expect extra expenses due to maintaining two households. We are still researching places for my husband to stay. I don't think we will know the impact this has to our finances until at least one or two months after he moves for school. Yep, I'm stressed about it to say the least!
Added a Ticker
May 15th, 2011 at 03:39 pm
May 15th, 2011 at 08:49 pm 1305492548
May 16th, 2011 at 01:44 am 1305510287
There's more to it than the above, but it takes too long to explain. We could move with him for school, but we are choosing stability for our children at this time.