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Less Mortgage Debt

March 4th, 2014 at 06:16 pm

Our mortgage payment for March posted on Sunday. Seems odd, as I expected Monday. Our regular payment includes an extra $103.72 towards principal. The principal portion of our regular payment was $455.18. Yes! I like less debt.

Our goal this year is to pay off $13,992.99 in principal on this loan. I picked this amount since it stretches us a bit and makes the ending balance even at $X15,000. So far our total principal paid of $3,303.99 is 23.6% of that goal. We only need to pay off $195.25 to get to 25% by the end of the month. I already know we can make that as we have another principal payment set to hit March 15 for $275.

In other news, I made it to the gym today. 3 of 20 March workouts complete. I also lifted weights, which means I have completed one of my 10 for the month.

Did you pay down any debt in the last seven days? Do you have a specific goal for your debt pay down? Do you also have a plan to get there? Do you have a fitness goal for March?

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3 Responses to “Less Mortgage Debt”

  1. scottish girl Says:

    Less debt is always good Smile Yep, an extra payment to cc1 and paid off hubby's BNPL item. I'm trying to get as much debt paid as possible before I'm on maternity leave again (even though I'm not actually back at work yet) When I was on maternity leave with SG we used my credit cards so much Frown It will NOT be happening again.

  2. ThriftoRama Says:

    We have very very similar mortgage pay off goals for this year. We're hoping to pay off about $14,000. I'm so tired of debt!

  3. Buendia Says:

    I paid down $200 on mortgage principal today - felt great!

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