Student Loan Payoff Visualization

Student Loan Payoff Visualization

I wrote previously about being at half way to zero on my debt repayment. I realized I didn’t add a visual to that post. So here it is. This is my student loan payoff visualization! This is what my student loan debt payoff looks like in graphΒ form.Β The blue bars correspond to the right-side vertical axis and show my total monthly student loan payments since May 2012. The red line corresponds to the left-side vertical axis and shows my debt level dropping after each payment. And that is the visualization of my student loan repayment journey!

16 thoughts on “Student Loan Payoff Visualization

  1. Nice way to show your payment progress. I’m a bit jealous of your amazing cash flow since you can allocate $1,500 each month for student loan payments πŸ˜› Just think of all the investments and lifestyle changing possibilities you can do with that extra capital once your loan is completely paid off πŸ˜€ I think you’ll get there by the end of 2014 πŸ™‚

    1. Uggggh I can’t wait for this loan to be gone so I can direct all this money towards savings! Haha yes, savings and investments, not fancy clothes and toys πŸ˜€ I guess that is what makes us PF bloggers πŸ˜‰

      Thanks for the encouragement Liquid! I hope to follow in similar footsteps as yours once the student loans are gone! πŸ™‚

  2. Looking good! I just paid off a nice little chunk, and one of my student loans is completely gone now. It’ll feel great when it’s all gone, won’t it??

  3. I recently mapped out my student loan payoff progress in Excel while crunching numbers with my husband to figure out how much we could realistically afford on a new home – and I probably should have made it more fun for myself by coming up with a nice visual, too, lol. Nice work, as always! Not sure if Canada has interest on student loans but man, those interest rates really bury you!

    1. Sorry for the late reply!! My wife and I left for a vacation last week and I haven’t really been paying attention to the blog while we’ve been away!

      For some reason, making visuals with data just brings the data into better perspective, probably because most people are visual creatures.

      I believe the interest rate is 5.5% variable and 8.5% fixed as of the prime interest rate up here at the moment. Interest can really bury you, I believe it!

  4. Thanks for checking out my blog. I would love to be financially independent on day. Glad I saw this post. I’ll be thinking about my student loan soon πŸ™

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