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Mortgage is Down!

July 13th, 2015 at 05:12 pm

Hey, everyone. My mortgage is down to $66,187.11. Woo-hoo! We have been paying the amount that we would have to pay if it were a late payment for about 4 years now and it has made a real difference in the balance. Some day, I would like to increase it, but this is management and affordable now.

I should be getting my conference reimbursement (a total of over $1600!) in the next few days and will disburse it when I get it. I have paid all but about $200 of the total trip cost on cc #2 out of money that I set aside through survey checks, rebates, and regular savings deposits. That money is a separate account than regular savings so that I don't affect other savings needs.

2 Responses to “Mortgage is Down!”

  1. FrugalTexan75 Says:

    Good job!

  2. snafu Says:

    It's terrific to reduce your mortgage payments by 4 years! It also reduces the overall sum of interest you will paid over the life of the mortgage. Listing allocation of our mortgage payments really helped motivation when we listed breakout of Principal, Interest, Tax and Insurance.

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