Ugh! I knew it was coming....

DH has been talking about a new car now for quite a while. His car was 6 years old and had $80,000 miles on it. He drives 40 miles roundtrip to work 5 days a week. With gas prices on the rise, he was wanting something more eficient. He got a Ford Foucus SE.

This weekend he finally did it....I have to admit, he got a great deal, but I am not excited about going back into debt. Luckily (or not?) we are only having to finance about $10,000. Looks like we will be getting a loan at a credit union at about 2.25%...not bad I guess, but I prefer 0% (that's what my loan is at)

The plan is to work at paying these off as quickly as possible. For quite some time now, we have been paying $500/mo on my loan....we are now at $6500....his payment will be around $230 so we decided to pay $300/mo on each car. As funds allow, we may try to send more on my car to get it paid off as soon as possible. These 2 car loans are the only debt other than our mortgage so I want to hit it hard!