Since November has come and gone it's time to update my progress on my OSAP. I mentioned a while back that I over paid my LoC so that extra amount will be included in this total as well.
October's balance on OSAP: $7,712.67
Amount paid after interested added: $819.09-33.58= $785.21
Daily interest for the month of October: $1.10
Total monthly interest: $ 33.58
% interest is calculated at: 5.5%
New OSAP balance: $6,921.75
Current $15,000 extra fund stands at: $10,045.58+785.21+409.74=$11,240.53
October's balance on OSAP: $7,712.67
November 9~ $165.59
November 9~ $19.17
November 18~ $84.33
November 25~ $550.00
Amount paid after interested added: $819.09-33.58= $785.21
Daily interest for the month of October: $1.10
Total monthly interest: $ 33.58
% interest is calculated at: 5.5%
New OSAP balance: $6,921.75
Regular payment to LoC $250
Monthly Interest: $90.26
Amount after interest taken off and extra payment:
$250- 90.26+250=409.74
Current $15,000 extra fund stands at: $10,045.58+785.21+409.74=$11,240.53
I am really happy with my OSAP number I was hoping to get it under 7,000 this past month even with interest added and I did.
Time to up date the side bars!
Time to up date the side bars!
Doesn't it feel great to update the sidebars? I haven't done that for a while as it's a pain to do but it does help psychologically to keep me motivated.
ReplyDeleteThis is really awesome. I love to see your progress every month and the OSAP actually surprised me. It's so much lower now.
ReplyDeleteKeep up the good work.