A Less Depressing Update
March 13th 2008 11:12
Yesterday was kind of depressing. But while looking at all this loan consolidation stuff I decided to email one of the sites I looked at and ask if the interest that had already accrued would be included in creating the $20,000 mark. (Plus, I included the loan that was already "consolidated." With that loan and interest on the others I have about $20,300 in federal loans).**
I just did that yesterday after the post. Hopefully they email me back soon. Then I will know for sure. I also emailed Sallie Mae (two days ago actually) to see if they could guestimate how much my minimum payment would be to them. I haven't heard from them yet, but it's only been a day.
IF the interest can be included to make the $20,000 and their little calculator thing is correct (or at least close) my payments for the first two years would be $110. I can handle that. I could even handle Sallie Mae being a minimum of $200 if federal consolidation loans would be $110. Crossing my fingers for good news from the loan people!
Anyway, I just didn't want all the readers to be depressed from reading my post yesterday so I thought I'd give a quick update to it!
Hope you all are having a good week!
**A note on that "consolidated" loan. I didn't want to include that one in the rest because it already has such a low interest rate I thought I could pay it off faster. I've come to the conclusion I should just put it with the rest and make life simple.
I just did that yesterday after the post. Hopefully they email me back soon. Then I will know for sure. I also emailed Sallie Mae (two days ago actually) to see if they could guestimate how much my minimum payment would be to them. I haven't heard from them yet, but it's only been a day.
IF the interest can be included to make the $20,000 and their little calculator thing is correct (or at least close) my payments for the first two years would be $110. I can handle that. I could even handle Sallie Mae being a minimum of $200 if federal consolidation loans would be $110. Crossing my fingers for good news from the loan people!
Anyway, I just didn't want all the readers to be depressed from reading my post yesterday so I thought I'd give a quick update to it!
Hope you all are having a good week!
**A note on that "consolidated" loan. I didn't want to include that one in the rest because it already has such a low interest rate I thought I could pay it off faster. I've come to the conclusion I should just put it with the rest and make life simple.
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Comment by Veteran Military Wife at Life Lessons of a Military Wife