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Lesego
Be completely debt free Star this Commitment

Lesego commits to:
Paying off all my debt, including: ABSA, SA Homeloan, FNB and Prodigy
No more reports due
Details
My Commitment Journal
Lesego
Lesego
January 3, 2020, 5:05 AM
I paid R123000 already to Absa!!! Yayi πŸ˜πŸ˜πŸ˜πŸ™ŒπŸΎπŸ™ŒπŸΎ
Lesego
Lesego
January 3, 2020, 5:04 AM
Operation: No more debt
23 November 2019

Total debt
1. Prodigy finance
- Principal = Β£45 071 (R843 129)
- Interest = Β£290 (R5425)
2. FNB Home loan
- Principal = R516 700
- Interest = R4730
3. SA Home loan
- Principal = R202 250
- Interest = R1790
4. ABSA Home loan
- Principal = R190 000
- Interest = R1830
Total principal = R 1 752 079
Total monthly interest = R13 775

Total savings
1. Allan Gray = R150 000
2. Sanlam = R22 000
Total savings = R172 000
Withdrawn = R100 000 from Allan Gray to ABSA
Surplus = RR72 000

Money expected/earned
1. SkX outstanding invoice = R65 000 - R40 000 to ABSA
2. SkX new invoice = R100 000
3. AFG invoice = $5350 (R78 000)
- 1st payment = $1575 (R22 600) - ABSA
- 2nd payment = $3800 (R55 400 or Β£3000) - Prodigy
4. Rental income = R14 000
Total expected = R257 000

* ABSA payment total = R65000 + R100 000
* ABSA and SA Home = R55 400
Surplus = R125 600

Other expenses
1. Lawyer = R5500
2. Living expenses = R30 000
Total = R50 000
Hypothetic surplus = R89 000
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January 3 to October 31
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