Saturday, July 17, 2010

HELOC Update - July '10

Time for some positive news around here!

No extra payments, but it is progress! For any new readers, this one was converted to a fixed 4.99% interest rate over 15 years. It is secured by the rental property and the monthly rent income is covering 100% of the payment.

$ 278.95 paid. New balance = $71,375.76

Since I'm always looking for reasons to celebrate, this brings the total debt below the $340K mark! WooHoo! Bring out the party hats!!!

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