I usually save these updates for the end or beginning of the month, but I'm excited about about where we are! The goal since January has been to pay down our mortgage by $13,993 to bring the balance to $X15,000. An even amount. We numbers geeks like even numbers, right?
Since January, we have paid off $12,212.23!! We have just $1,780.76 left to pay off. And because I know where most of that money is coming from I'm even more excited. Here's where I expect the money to come from:
$250 Citi Thank You Reward
$476 Approx November Regular Principal
$379 Planned Extra Principal November
$478 Approx December Regular Principal
$104 Planned Extra Principal December
All of those expected planned payments equal $1,687. That is $93.76 short of the goal. I also expect there will be other snowflakes to easily meet the extra $93+ needed. If there are more snowflakes I will reduce the extra principal I send in at least until January comes around again.
I feel strongly that if I didn't make this goal in January, we wouldn't be were we are now. Always make a goal! It's worth it.
Mortgage Pay Down Update
October 17th, 2014 at 10:50 pm
October 17th, 2014 at 11:11 pm 1413587510
October 17th, 2014 at 11:18 pm 1413587922
October 17th, 2014 at 11:21 pm 1413588104
October 18th, 2014 at 12:14 am 1413591240
October 18th, 2014 at 07:48 pm 1413661734
October 18th, 2014 at 08:12 pm 1413663151
October 18th, 2014 at 10:36 pm 1413671792
October 19th, 2014 at 01:51 am 1413683511
October 19th, 2014 at 03:40 am 1413690019
October 19th, 2014 at 02:25 pm 1413728716
October 19th, 2014 at 06:39 pm 1413743942