Auto = $23000
Personal Loan = $9000

$32000.......boooooooooooo

 

liquor store

 

Both me and my wife together:

CC: 0. Paid in full each month.
House: 250K
Auto Loans: 30K
Business Loan: 400K

 

Just sent out my last car payment earlier this month.

Than spent about $400 on service

Let's hope it runs strong for another 5 years.

 

Very similar to my situation. Business loan about the same. Less on the house , more on the cars!

 

Just my mortgage... Think it's at about 117K right now. Took a 30 year note on the house in 2001, refin'd that into a 20 yr note in 2003 at a lower rate, and I expect to pay it off early (and retire early).

No car payment, no CC debt (pay in full each month)...

 

^^ What's your current rate? More importantly, how are the job prospects? Rates are pretty good right now and you might be able to drop it a bit more without any out-of-pocket costs.

 

I was so happy to send in my last car payment in Nov. Just the mortgage now. Don't expect any update on that for many many many years

 

150k on the house
15k on the cars(should be paid off by oct)

about 3k on 0% for furniture

We are paying things off as fast as possible.

We just paid the last payment of the wife's student loan payments. So school is paid off for both of us

 

$750 credit card
Student loans
~$11,000 car

 

0 personal and 0 business debt. New mortgage soon though.

 

More than I want!

A little over $200K on the house. So far it's still worth substantially more than I owe. Yippee.

Student loans - almost embarassed to say, but hell professional school's expensive. I still owe about $75k. The interest rate is so low, though, that my financial advisor recommended against paying it off early, since the rate is lower than average inflation. It makes sense, but I can't help throwing extra money at it occasionally. It makes me feel better.

No car loan, no credit card debt.

 

You're student loan scenario is very similar to my wife's. I keep telling her it's not worth paying it off early, but she still can't resist adding a little extra to her payments.

 

Yeah, having that much hanging over my head for so long just kinda hurts deep down.

 

$0. I have a Credit Card but it gets paid off each month I don't spend money I don't have.

 

Just wrote my last tuition check today. Somehow I managed to have enough

 

Student loans - $23K
Car loan - $13K
Bed loan - $2K

:'(

 

$0 credit card debt
$0 car loan debt (2 cars, 2005 & 2003)
~$90K combined student loan debt (started at $140K, very low interest rate)
~$350K mortgage debt (1-yr old newly built house, 15% down, 5.625% fixed)

 

$6000 in student loans (though my parents are paying for my college)
$2200 in credit card
$0 car

I guess I'm not that bad off, but I really want to pay that credit card down.

 

It's 6%. I've got 14 years left, and had been thinking about getting into a 15 yr at about 5%, but I don't think I can refinance without a job

Once I get another job, I might think about getting into a 15 yr, or maybe even a 10 yr (paying down the principle w/ some of my savings). I'm just not sure how long of a job history they need before I can get approved...

I'm fine with the 6%, but I did miss the low point back in 2003 by a bit... so I guess it should have been better...

Job market isn't as bad as I thought. I've applied to a few places, but haven't heard back (hopefully due to the holidays).

 

^Is it a 30 yr that you have 14 left on?
You should compare your current amortization chart against a new 15 yr one. You are probably at the point where you are paying less interest compared to a new 15 yr one.

 

Egh, more than I want to think about...

$61k (and growing...boo) in student loans
$13k (and shrinking..yay) auto loan

Mmm...that's it. A little more simple than I thought. I'm proud to say I have no CC debt, lol. A mortgage will be thrown into the mix within the next few months (hopefully).

 

400k on mortgage. But my portion is only $133K, plus $20k for student loan, and 30K from my mom. Each month my credit card is behind about $200 or so dollar.

 

Update:

Still zero

 

Nope, it's on a 20.... but I understand where you're going....

I can't do anything right now anyways...

 

I'm about to feel your pain as I'm transferring to a private university this coming semester. That's the only thing I'm not excited about transferring for.

 

no debt, credit card payed off usually after every couple of purchases (just use it to get money back)
but i probably should get a car loan on my next car purchase in a year or two to improve my credit rating or whatever
living with parents FTW

 

Since last update car notes have been paid off. Made some good dents in CC debt. Hoping to cut the outstanding on 3% card by half and getting done with everything else by summer of next year.

Mortgage : $0
CC Debt: $12K @ 7% and another $11K @ 3% for life
Car Loans: $0

 

Well...while I sort of wish I ended up going, I didn't....so I'm debt free.
Right now at least.


Grad school is a year and half away at most (assuming I can go straight through into a program)....

 

I guess I'll update as well.

Not much has changed. I gained a mortgage ($170k 30yr fixed), paid off the car loan, student loans are roughly the same (paid some principal), and the only credit or revolving debt I have is a 0% loan for my new bed and bed furniture.

The 0% bed loan is for 3 years which I can pay off in roughly 5 months if I go "balls to the walls" on payments. However, I know the minimum I need to pay to pay it off before interest hits, so in any case I'm covered.

 

I've been debating doing graduate school, but with the amount of student loans I have now, I don't think I could do it financially. It may be something I revisit in a few years.

Debt free is good!

 

I've been in debt (CC) on and off before a couple times and it's .

I know it's a different situation since you already have student debt, and I also don't know what field you're in, but have you considered it as an investment vs an expense?

For instance, one of the programs I'm interested in is almost $100,000 for their 21 month program. At first I thought NO WAY, but after thinking about it more, I realized it would be a great investment for me. For what I'm doing I'd probably get anywhere between 35-45K a year with my Bachelors right out of the gate, but the average starting salary for those graduating from that particular Master's program is over 100K. So for me, I just see it as an investment.

I know some fields though (certain sciences/research, etc) don't generally pay much, even with a grad or higher degree, so it may not be as much worth to you.

 

^I'm in IT, so it all depends on my employer and what they value. Some value certifications the most, some value college education the most, and some value experience the most.

I have a decent amount of IT experience and I will have my bachelors come June. I'm already practically earning what I would earn post undergrad school...so I've considered continuing to ease my ability to climb the career ladder....but I don't know.

I do think of it as an investment....but if I graduate and 6 months to a year down the road I'm still making what I make now and having to make the even larger student loan payments...I dunno.

 

CC - $0
1st Mortage - $188,000 @ 6% Fixed
2nd Mortage - $35,000 @ 5.5% Variable

Since I last posted I got married, soooooo

CC - $1,350
Student Loan #1 - $2,000
Student Loan #2 - $10,000 (I think)

Our goal is to have her CC paid off in 2 months max. It was at $2,800, but I took control and have been making the same dollar payment weekly instead of monthly. Student Loan #1 will be eliminated this year, hopefully by June/July. Then we'll focus on Student Loan #2.

 

I don't want to leave where I'm working until my retirement is vested (as my employer matches 1:1) which is 2 years from now. Maybe then, I can be smart and look for a job with an employer that offers tuition reimbursement.

 

You could always find a company that has tuition reimbursement. I know now is probably a terrible time to do that, but it's worth a shot. My company paid for my Masters in Accountancy, which was around $15,000.

Edit: Damn you were reading my mind!!

 

lol. I saw this before you edited and was thinking the same thing!

 

Well, since this post SBA loans went bye, bye about a year ago. So just the house now... which isn't much. But, we're on the hunt for a foreclosure, so that number may go up slightly sometime this year. No worries though, b/c we'll be stealing a house in the process... so it works out in our favor!

 

paid my car off last week.
1500 in CC
86 for a dremel i owe my buddy

 

Can you re-fi? I just went to 4.75% fixed (30 yr) in December.