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Wednesday, January 1, 2014

My debt situation on date of January 1, 2014

$2 355.19 for 6 months at 0.99% (credit card) = $23.32 in interest. Expired: April 2014 

 $2 539.75 for 6 months at 0% (credit card) = $0

$67 185.17 at 4.25% (margin money coming from my broker account): = 
$2 855.37 in annual interest

$4 900 at a low interest rate of 4% (credit line rate) = $196 in annual interest

$5 381.54 at low interest rate loan at 5.50% (student loan) = $295.98 in annual interest

TOTAL: $82 361.65

TOTAL in annual interest: $3 370.67
[In date of January 1, 2014]


*For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.
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2 comments:

  1. 514real-cityJanuary 2, 2014 at 6:21 PM

    Hi

    The interest rate on your broker account seems mighty high! For margin account, I prefer using Interactive Brokers which to me have more reasonable interest rate than all other discount brokers out there!

    ReplyDelete
  2. AnonymousJanuary 5, 2014 at 5:28 PM

    You think 4 or 5% is a good low interest rate? It is an indicator that they see you as high risk.

    ReplyDelete