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Join in on this Discussion and see the pictures. Click here-> : Last of 22K paid off today


Hades12
10-04-2006, 08:33 AM
My wife went back to school in 03/04 for her masters and finished Dec 04, in January 05 I started paying back the 22K of loans we took to cover tution. Made the last payment today.


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Alex-7
10-04-2006, 08:53 AM
Nice.

Now what are you going to do?

vrooom305
10-04-2006, 09:17 AM
you paid it off in 22 months?

how much were your monthly payments?

R281
10-04-2006, 10:36 AM
That's awesome man. Good job!

SpartanTS
10-04-2006, 11:14 AM
I gotta get started on paying mine back after I graduate this December. I have about $8K @ 4%, so it's not too bad.

Congrats on the payoff. I'm sure you can find something to do with those hundreds of dollars that you're not spending anymore.

Cosby
10-04-2006, 11:28 AM
It feels great to pay off a loan and have that extra money around again

Hades12
10-04-2006, 01:53 PM
Required Payment was 125 each month. but I paid as much as 2500. Average payment ended up being about 1100 with interest.


right now I am not sure if I will have the money any longer, I am saleing my house and moving so I dont know when I will have a job again, if every. But the house sale will fully pay for my new place with enought left over for a nice garage.

If I do have a job then most of the money will go into accounts for my kids college, retirement, and maybe a few new parts for my 7.

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