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Less Debt on the House

September 1st, 2014 at 06:29 pm

We have less mortgage debt because of extra payments and snowflakes sent in and applied to the principal balance.

We paid off $1,214.02, of which only $365.18 was from non income sources. About half of the remainder was from our regular payment. The rest was extra payments we committed to paying to meet our mortgage goal this year.

Again, that goal was to pay down $13,993, which brings us to an even $X15,000 balance. In the first eight months of the year we have paid $10,482.10. Only $3,510.90 left to pay towards our goal. That averages $877.73 per month. No problem considering most months have been far more!

Do you also have less debt than you did at the beginning of August?

2 Responses to “Less Debt on the House”

  1. scottish girl Says:

    That's amazing! You will surpass your goal!

  2. FrugalTexan75 Says:

    That is great how you are constantly whittling away at the debt!

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