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Payday and Extra Loan Principal

December 13th, 2019 at 02:10 pm

Today is payday, so that means another extra principal payment. I was so excited about getting to pay it, I could hardly get to sleep last night!

It had been 10 days since my last payment and $53.87 of interest had accrued. I calculated I had $310.77 extra, which left $256.90 to reduce principal. The balance is down to $42,674.16.

Another month's payment has been eliminated; the last payment due date is now 2/3/31.

1 Responses to “Payday and Extra Loan Principal”

  1. rob62521 Says:

    Way to go on paying down that principal! I would be excited too!

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