Thursday, April 28, 2011

May

bill chart - May 2011


As you can see, we are applying more to each the mobile home loan and the van loan, but we are getting a much better interest rate at 3.99% on each of them as well.

The condo is still for sale, although our tenants are very uncomfortable living in something that is for sale. They wanted to start looking for a new place. We have had very little interest on the condo at this point, so we didn't want to risk losing them and not selling. We lowered the price of the condo another $4,000 and gave our tenants $300 of their rent for May to let us keep on the market for the next month. If it does not sell, we will take it off and keep our tenants. We are praying that the Lord will send us a buyer but are content knowing that it just might not be in His plan right now. I guess we'll see what happens.

We will start paying back our subsistence loan at $125 a week starting in July. With that, gas prices going through the roof ($3.98) and all the extra payments we are making on the other loans, our budget is going to get very tight again and will stay that way for at least the next year. The good news is I re figured when we should be out of debt. We are on track to out in just over 2 more years. Sounds like a long time, but we have already been at this for a year and a half so it's really not that bad at all.

Thank you Lord for everything you are providing us!

love
love
love

Followers