Welcome back, friends! It’s June. For us, that means another month closer to taming the “debt beast.”
We’ve paid $61,025.05 so far, and we have $27,950.87 left to go. 💪
This beast emerged from our unexpected home renovation journey. If you’re just joining us, you can catch up on our project. Our foundation and deck repair costs ballooned by over $56,000. Check out our last post for more details.
This month, we’re sharing an update on our progress and the continued discipline it takes to tackle a significant debt when life throws you a curveball – or three change orders!
Month-by-Month Breakdown
This month, we’ve continued our planned payment of $2,745.84. While it feels like a large chunk of our monthly budget, seeing that principal balance drop is a huge win. We’re consistently chipping away at the remaining balance, knowing that each payment brings us closer to being debt-free on this project.
Here’s an updated snapshot of our financial journey:
| Total Project Expenses | $102,705.12 | |
| Total Down Payment Made | $61,025.05 | |
| Jan-25 Payment | $2,745.84 | |
| Feb-25 Payment | $2,745.84 | |
| Mar-25 Payment | $2,745.84 | |
| Apr-25 Payment | $2,745.84 | |
| May-25 Payment | $2,745.84 | |
| Jun-25 Payment | $2,745.84 | |
| Jul-25 | ||
| Aug-25 | ||
| Sep-25 | ||
| Oct-25 | ||
| Nov-25 | ||
| Dec-25 (Final Balloon) | ||
| Total Paid YTD (Jan-Jun) | $74,750.09 | |
| Remaining Balance to Pay | $27,950.87 |
We’ve paid $61,025.05 so far, and we have $27,950.87 left to go. 💪
As you can see, our consistent monthly payments are eating into that “Remaining Balance.”
We’re firmly on track to pay down the bulk of this by the end of the year and make that final retainer payment in December.
We’ll continue to share our progress each month.
Has a home renovation ever thrown your budget for a loop? How did you handle the unexpected costs? Share your stories and tips in the comments below!
The Resilient Dollar 
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