Sent $500 to the suv loan on 8/11/2012....new balance as reflected in the side bar is $3500. We have steadily been paying this down at $500 for quite a while now. We do plan on paying this off in Dec! At that time, we should owe $1500. We will send the regular $500 payment, plus the extra $1000 taken out of savings or with my Christmas bonus...then...it will be paid in full. I should add that this vehicle was purchased in May 2010 and is also a no interest loan.

We plan to hit DH's car loan very hard. I sent $750 on 8/17/2012 and that should take us down to just around $8000. Will need to wait for the statement as the interest rate is about 2% so I am not sure of the exact balance. We plan to sent at least $500 a month. We may possibly send even more as we have the extra cash.

I am excited! It will be nice to only be down to the 1 car loan and mortgage!