Monday, September 2, 2013

Net Debt - Sept 2013

Student loans: -$79,130.39 ($565.43)
Car loan: $0
Revolving Credit card debt: $0.
Mortgage: -$132,941.83 ($507.18)
Total Debt: -$212,072.22 ($1,072.61)
Debt Jan 1, 2013:  -$216,875.08 ($4,802.86)

A nice website I just recently discovered is the Chase Home Value Estimator, I know I don't typically post values of assets, but it is nice to some degree because while your value of the home may be an overestimate (like mine was apparently but only $3,635), you can see what a bank might value your home for. I know this
doesn't affect our "net debt" but it does affect our net worth and if you are interested in refinancing your home and the sort.

Also, I realized that we HAVEN'T been paying one of my student loans, so now we are catching up on the student loan payments.  This isn't a critical piece of news as my loans are in deferment, but it is important to us to try to get them as low as possible before they go into repayment.  So, you'll likely see some better trends in our debt going down soon, like this month!

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