<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Mortgage Debt Paid in July

Mortgage Debt Paid in July

August 1st, 2014 at 05:18 pm

We paid off $1,431.79 on our mortgage in the month of July! (ETA: Officially only $1,395.79 was for July, as $36 was counted for June) That includes the various snowflakes listed in my previous post, the principal portion of our regular payment and two schedule extra payments of $103.72 and $275.



The goal is to pay off $13,992 by the end of 2014. To bring us to an even $x15,000 balance. So far we have paid $9,268.08 of that amount. That is 66.2% of the goal in 7 months!

I fully expect that we will meet the goal. The only thing that could hinder us is something that would keep us from sending that extra $478.72 each month. Right now I don't know what that would even be.

I'm looking forward to seeing how much beyond the goal we can get to before the end of the year!

Posted in Debt, Snowflakes | 3 Comments »

3 Responses to “Mortgage Debt Paid in July”

  1. Beawealthywarrior Says:
    August 1st, 2014 at 08:29 pm 1406924990
    1406924990

    Awesome!

  2. jolie Says:
    August 3rd, 2014 at 02:34 pm 1407076486
    1407076486

    That is nice that you are able to send in smaller amounts of extra payments on your mortgage. Ours has to be a minimum of $100 in order to apply an extra. Great work!

  3. creditcardfree Says:
    August 3rd, 2014 at 02:38 pm 1407076734
    1407076734

    @jolie, yes it is nice. If I weren't able to do that, I would simply keep a running total of extra funds that are in my checking account. Once I reached that $100 mark, I would send them all in.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]