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Auto Loan Going Down

December 12th, 2012 at 03:51 pm

12/12/2012: Today we made a principal only payment of $600 to the Auto Loan.

12/12/2012: After work I will cash a check for $58 we received from Allstate and apply that to the Auto Loan.

12/21/2012: Pay day and will send another $200.

12/24/2012: Normal payment due which will bring balance to approximately, $6,875!!

Recap:
12/21/2011: $14,300 (Total Amount Financed)
12/24/2012: $6,875 (Remaining)

Total Paid in 2012: $7,425.
Total Percent Paid: 52% (In 12 months!!)

4 Responses to “Auto Loan Going Down”

  1. creditcardfree Says:
    1355328478

    Congratulations! You are moving at a very swift pace.

  2. twest Says:
    1355329007

    You are doing an AWESOME job. It feels great doesn't it.

  3. Beawealthywarrior Says:
    1355330241

    Great job!

  4. Jerry Says:
    1355731660

    Nice that you got a check back from the insurance company, and that it leads to you paying down your debt (instead of being spent willy-nilly)... well done!
    Jerry

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