Debt payment tracker

rachmac3

Well done on not adding to the debt this year! I'm glad you are feeling like you're making progress. Keep going!

JamesO

May update

I was offered a 0% balance transfer with no fee for 12 months so shifted as much as I could off the cards which were expiring. 

Debts
1. MBNA credit card - £5,828 (repayment £145 - 13 months remaining @ 0%/July 2026)
2. MBNA loan 1 - £1,921 (repayment £490 - 4 months remaining/September 2025) 
3 MBNA loan 2 - Repaid
4. AA loan - £6,701 (repayment £372 - 14 months remaining/August 2026) 
5. Barclaycard - Repaid and cancelled 
6. Lloyds card -  Repaid and cancelled
7. Natwest card - £5,510 (repayment expected to be £145 - 12 months remaining 0%/May 2026) 
Total debt payments £1,152 per month. 

* 7. 'Ground rent' - £4,000 per year due on 1 April. 
Total debt £23,960

Bills
1. Mortgage £690 (£91,164/182 months) 
2. CT £206 
3. Power £100 (credit of £135) 
4. Water £20 (next bill due August) 
5. Internet/phone £16 (contract up February 2026) 
6. Food (variable so not included)
Payments £932 per month

Income: £3,163
Outgoings: £2,084 (difference £1,079)
Bank balance £679

Upcoming:  
House insurance due July
Ground rent £4k due April
Expecting private sale of approximately £3k in August

Priorities:
Natwest credit card (£500 per month to clear in 11 months)
Ground rent (sweep remaining balance into savings account at end of month)

JamesO

July 

Debts
1. Natwest card - £5,428 (repayment £54 - 0%/May 2026) 
2. MBNA credit card - £5,540 (repayment £145 - 0%/July 2026)
3. MBNA loan 1 - £959 (repayment £490 - September 2025) 
4. AA loan - £5,584 (repayment £372 - August 2026)  
Total min debt payments £1,061 per month. 

* 7. 'Ground rent' - £4,000 per year due on 1 April. 
Total debt £21,511

Bills
1. Mortgage £690 
2. CT £206 
3. Power £100 (credit of £135) 
4. Water £20 (next bill due August) 
5. Internet/phone £16 (contract up February 2026) 
6. Food (variable so not included)
Payments £932 per month

Income: £3,163
Outgoings: £1,993 (difference £1,170)
Bank balance £0 (just used the balance to overpay Natwest. Waiting on about £300 T&S to be refunded from work)

Upcoming:  
Ground rent £4k due April
Expecting private sale of approximately £3k in August

Priorities:
Pay down Natwest credit card