Next target: Signature Student Loan $12,715

Good morning ya’ll!

Now that the dust has settled from paying off my smallest Navient loan…it’s time to set my sights on the next target:

 

Signature Student Loan

Current Balance: $12,715.03

Interest Rate: 5.5%

 

My goal is to make $1,000 payments a month to this loan and hopefully throw some additional cash at it here and there. This is in addition to $813 monthly payments to my other Navient loans and $225 payments to Nelnet.

I really don’t want to spend a WHOLE YEAR on this one loan, but gosh it’s tough to drub up any more money without burning myself out! I guess this is the life of paying off massive debt…

Anybody else out there got a long, uphill climb? Let’s hear it!

 

Fight on everybody!

2 thoughts on “Next target: Signature Student Loan $12,715

  1. Keep up the good work! Once you get these paid off, you will have learned so much on keeping your expenses low. Your net worth will start to skyrocket. We paid off $55,000 in debt, then after 4 years in the Army, we had grown our net worth to $100k. While all the other soldiers were broke as a joke, we were gaining traction.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s