[monkeywrangler71]

To avoid confusion, please only post your debt reduction payment amounts in this thread. All discussion related to the challenge should be posted in the "2011 Debt Reduction Challenge - Discussion" thread.

Please ensure that your total is broken down into interest and principal. The preferred format is as follows:

Jan 1, 2011
Debt - Mortgage
Total Payment: $1,000
Principal: $500
Interest: $500​

Posts which do not clearly indicate the above will not be counted.

 

[Mamaw]

1/2/2011
Debt - Home Depot account
Principal = 403.56
Interest = 15.56
Paid in full. Now on to consumer debt # 2.

 

[StanleyJohnson]

Debt- Car Loan

$2000 Principal

 

[ladybug96]

1/1/11

Mortgage
Principle $1535.47
Interest $1115.82

 

[Greebo]

2011 Jan 4
Rental Mortgage
Principal $146.41
Interest $448.95
Extra principal: $12.04

(We make a fixed pmt every month that is now slightly higher than the total of Prin, int and escrow - at present, exactly $12.04 over the total.

 

[monkeywrangler71]

Debt reduction totals, end of Week 1

Principal: $4097.48
Interest: $1580.33

Goal: $600 000?

 

[frugal-fannie]

land payment 1

Jan payment for land $721.00

$365.17 Principal
$355.83 Interest

 

[frugal-fannie]

land payment 2

Land payment 2 -$277.00

Principal $192.42

Interest $84.58

 

[frugal-fannie]

My first Mortage payment for 2011 $2,308.08
Balance $88,246.79


Principal- $1480.00
Interest- $429.94
Escrow- $398.14

 

[HeatSeeker]

1/8/2011
Debt- Visa Credit Card
Principle-$19.62
Interest-$5.38

 

[Lady_V]

Car #1
(1/7/11)

217.54

Prin: - 131.60
Int: - 85.94

 

[monkeywrangler71]

Jan 4, 2011
Fixed Mortgage
Total: 190.01
Principal: 90.62
Interest: 99.39

Variable Mortgage
Total: 158.95
Principal: 78.10
Interest: 80.85

 

[Ponderer]

1/7/11
Visa:
Principal $78.77 (interest had been paid in previous payment made in December)

1/10/11
Mortgage:
principal $307.13
Interest $941.80

 

[StanleyJohnson]

Car Loan

$1000 Principal

 

[tnthriftylady]

I hope I am doing this correctly.

1/1/11 Mortgage Bal $181,847.47
January principal paid $ 219.85
January interest paid $ 997.02

1/1/11 Car Balance $ 21,681.23
January principal paid $ 531.15
January interest paid $ 158.85

1/1/11 Stud Loan Bal $ 36,258.39
January principal paid $ 100.09
January interest paid $ 149.91

1/1/11 Total Credit Card Bal $ 42,032.91
January principal paid $ 2,543.83
January interest paid $ 401.08

 

[Lady_V]

Car #2

$400.00

Principal - $363.93
Interest - $36.07

 

[StanleyJohnson]

Debt- Car

$5,000 payment

$4990.71 Principal

9.29 Interest

*Partial month's interest due to billing cycle

 

[monkeywrangler71]

Debt reduction totals, end of Week 2

Principal: $16 590.47
Interest: $5 416.26

Goal: $600 000



It is the 14th day of the year.
To meet our goal we must pay down $1,643.84 per day.
Today's goal debt reduction: $23,013.70
Actual debt reduction: $16,590.47
Behind ($6,423.23) = -27.9105%

 

[HeatSeeker]

1/14/2011
Gas Credit Card

Principle-$20
Interest-$0

 

[tnthriftylady]

1/16/11

Principal to Credit Cards - $1,000
Interest - $0