Time for another student loan update!
Sallie Mae
My balance on Sallie Mae in the last update was $2,243.27. And as of the time of this writing, I’ve reduced that amount to $1,377.70. That’s a $865.57 reduction.
As always, I’ve consistently paid $125 every week to my last Sallie Mae loan (#6489). Weekly interest accruals in the $3 range can now be seen in my account. This cycle is the 2nd biggest payment amount I’ve made, trailing behind my $950 payment done on January!
At the start of April, this amount was at $1,499.54.
College Avenue & EdFinancial (Fed Loans)
For this loan, I recently checked my outstanding balance and is now sitting at a balance of $2,912.29. At the start of April, this amount was around $2,922.28.
For my Federal loans, I’ve continued to contribute $75 every month. It has now fallen to $11,343.14.
Balance as of April 1, 2021 for my entire student loan is $15,764.96!