July’s numbers

As of August 2, 2012, we are $493,631.12 in debt (that includes the mortgage).  Without the mortgage, we’re at $64,091.35 in debt.  This includes credit cards, student loans, lines of credit and an auto loan.  We currently have $833,155.37 in assets (including our house).  Our retirement accounts are at $214,502.24.  This doesn’t include my July paycheck deduction or match – that doesn’t get deposited until the 15th of the month.

This month Dad has three paychecks (he’s paid bi-weekly), so we’ll be paying a lot more down in Sept (we spend money the month after we’ve earned it).  We also bought a new refrigerator this week (planned!), so that’ll slow down the debt servicing a little bit.  More than the minimums will be paid, but not by much.

Debt (in the order we’re paying it down):

• Line of credit (8.75%): $13,736.06 (-275.27) <-I sent them an extra $600 last month, but it posted on 7/2, and was already in the number posted last month.
• Student loans (aggregated 5.52%): $14,913.68 (-131.96)
• Chase (4.99% for life): $7,055.82 (-71.37)
• Car loan (0%): $27,896.54 (-490.00)
• Mortgage (4.125%): $429,539.77 (-618.23)

Total paid off in July: $1,586.83