October Student Loan Payment

Not a whole lot to go into this post, really at all.

We didn’t put much into our loans in October. That is fine and will start changing in November for sure.

We paid $341 towards our loans; that leaves us with a balance of $156,303.08. It also marks our last month of grace from graduation.

Execution of Loans: 

We are doing a debt avalanche. We feel that this is best given the high interest rates.

Our current snowball, as of 11/2/2015 is $280 a month. We will be adding additional to this, as we can each month. This could be from budget categories that weren’t fully spent or additional income.

Our first loan in our avalanche is a Parent Plus Loan for $5,257.07 (as of October 27th).

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