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nsmonkey
29-04-2009, 11:33
Well this friday once DH gets home we will be paying out 2 of our monthly bills. They are both through inrent. :rolleyes:
We will be saving ourselves $135 a month. We will be putting that on our personal loan since its the loan with the highest interest rate.
I am so happy, I know its not much though but its definately going to help out. :smiliedance:

tired*mummy
29-04-2009, 13:10
Thats great news nsmonkey. Every little bit helps. We only have 4 payment left on our car loan & i am SO looking forward to the last payment. Cant wait.

nsmonkey
29-04-2009, 13:14
Oh wow thats great, we still got like 2.5yrs on 1 and 3yrs on the other and still got another 4yrs for the personal loan. Trying to get the personal loan down though.

InSaneOne
29-04-2009, 13:52
it might be better to put the extra on one of the smaller loans. i was told that you should try and pay out the smallest one first. then you can put all that amount on the next smallest.

but yay :smiliedance: for paying out the inrent. i love it when you can put the final payment on something.

nsmonkey
29-04-2009, 14:59
Yeah the personal loan is the smallest of them but just has the highest interest rate.

We were also going to pay extra on the 2 car loans, already budgeted for it all. Just hope it works out the way we want it to, though. Usually something always pops up and needs to be done. Like my car needs a few things done to it.