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Another Punch

February 17th, 2009 at 02:52 pm

to the home equity loan. I sent in $504.27 today! I think that will be it for February.

New HEL Balance = $9,415.00

Total Principal Paid in February = $3,437

What a month!

I expect things to slow done a little for the next few months. There's a birthday, and spring projects that will take a bite out of our extra income. But there will still be progress!

How are the rest of you doing on your extra mortgage payments?

Posted in Home Equity Payoff, | 3 Comments »

3 Responses to “Another Punch”

  1. Ima saver Says:
    February 17th, 2009 at 02:55 pm 1234882525
    1234882525

    When we built our new home (13 years ago) I took out a $50,000 mortgage and paid the rest in cash from the sale of our older paid for home. I kept the mortgage in bank and paid as much extra as I could each month. I paid that mortgage off in 2 years and it felt so good. No more mortgages for me ever!!

  2. KellyB Says:
    February 17th, 2009 at 03:01 pm 1234882907
    1234882907

    WOW, you paid off a lot this month! I also have a challenge goal to pay off my HELOC by 6/1. On 1/1/08 it was close to $19000, as of today it is $2500. Can't wait to get that monkey off my back!

  3. merch Says:
    February 18th, 2009 at 12:02 am 1234915337
    1234915337

    Nice work. Even if you slow down, keep the focus.

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