Home > New Truck Loan Balance

New Truck Loan Balance

November 20th, 2012 at 02:40 pm

Our regular payment on the truck was processed yesterday. We paid $20.57 in interest. The remaining payment of $308.56 was applied to the principal balance.

Our new truck loan balance is $6,519.04!!

Later this month, I expect to receive our rewards check from Chase in the amount of $539. It will, of course, be applied to the principal balance. That means by the end of the month we will be below $6K. A milestone I wasn't expecting when the year started.

It's amazing where you can find money for debt when you think outside the box and explore options. Will your debt balances be up or down by the end of the year?

4 Responses to “New Truck Loan Balance”

  1. NJDebbie Says:

    You are doing incredibly well with bringing the balance down on the truck! My goal each month is to reduce our overall debt. So far, we've been able to accomplish this. / (cheering for you)

  2. snafu Says:

    Good on you! Do you recall how much was owing on the truck in January 2012? Great job being so disciplined.

  3. LuckyRobin Says:

    Definitely down.

  4. FrugalTexan75 Says:

    Debt going down! Woo hoo!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
Will not be published.

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]