Mortgage details finally posted to the account and the amount left on the mortgage is $18,833.82. So of the last payment $87.64 is interest and $288.22 is principal. I still remember when those numbers were pretty much reversed and it is much nicer to be on this end of things than they other. It is really tempting to throw an extra $100 to principal every month, but it's the lowest interest rate we have (except the car) and it feels silly to put extra money there. Yet at the same time, it's close enough to being paid off to taste it. *sighs*
I had enough in the coin jar to roll dimes and pennies and combined with my ones I'm over the $30 mark so I have enough to make a deposit tomorrow. It's a self-imposed limit, otherwise I have the mentality to run over and deposit far more often, which isn't worth the gas. I need to go that direction tomorrow anyway, so I'm not even making a special trip. I am confident I will have the EF to $3500 by year's end.
Mortgage and Rolled Coins
December 6th, 2011 at 10:07 pm
I live, write, and garden in the PNW with my husband of 30 years, disabled daughter, autistic son, and my 85-year-old mother. We have paid off $250,000.00 worth of debt (if you include the interest) in the last fifteen years and as of 6/12/2020 are 100% DEBT FREE!!!!
December 6th, 2011 at 10:22 pm 1323210165
December 7th, 2011 at 12:21 am 1323217283