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PLease help me!!!
Staffie__2007
Posts: 9 Forumite
me and my boyf want to buy a house jan 08
but we have
1) £5000 left to pay 360 per month (his) finishes feb 08
2) £1300 min pay £60 per month (his)
3) £1100 92 per month (mine) finishes dec 07
I can get a loan in my name for the above amount - was thinking one year - we can afford it.
should i let them run or consolidate it!!
i wanna be debt free!!!
but we have
1) £5000 left to pay 360 per month (his) finishes feb 08
2) £1300 min pay £60 per month (his)
3) £1100 92 per month (mine) finishes dec 07
I can get a loan in my name for the above amount - was thinking one year - we can afford it.
should i let them run or consolidate it!!
i wanna be debt free!!!
0
Comments
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Have a play with this snowball calculator it will ask you for the apr's and things and you can see how much interest payments you will save by paying them off in different orders etc.
Also if you post a SOA (have a look at this link for more details) people will be able to help you find ways to make money appear you didn't realise you had just by changing what you spend it on and thinking about what you really need and want.Official DFW Nerd Club - Member no. 234 Proud to be dealing with my debts I love the Dave Ramsey podcasts. Debt Free Date (including house) Aug 2012 Live on £4000 a year the short version £918 for 29/09/08 - 01/01/09 spent £0 NSD's In October Target 10 Actual 0 Quit smoking 25/09/08 saved £5 so far0
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