House Mortgage -- Countdown

[disneysteve]

Balance before my 9/1 payment: $39,089.48

On a different note, I made the final payment on my wife's van a couple of weeks ago. We had been paying $400/month on that (which was more than the actual payment) and made a couple of $1,000 payments at the end to get rid of it. So that frees up cash each month that will now go toward college expenses.

[Randomsaver]

Balance before my 9/1 payment: $39,089.48

On a different note, I made the final payment on my wife's van a couple of weeks ago. We had been paying $400/month on that (which was more than the actual payment) and made a couple of $1,000 payments at the end to get rid of it. So that frees up cash each month that will now go toward college expenses.

Congrats on the van!

[Randomsaver]

Focused Debt : $2K

Focused Debt : $1K

[Randomsaver]

I can't wait to see page 25 of this thread.

[Randomsaver]

Mortgage Principal : $125K

With Brexit, Dow tumbled 3.4%. Glad I have limited my exposure from $28K to just $2K ( which is now just $2K/1.034).

Mini celebration for enduring the first 6 months of the year guys. I bought me some fancy beers to enjoy. I got Blackstone Nut Brown Ale and Nitro Coffee Stout.

I was looking also for my favorite Crabbie's Ginger Orange but the one the only have in store is Ginger Lime.

Also found out wine is now being sold in my Kroger though I did not see my favorite -- Germany's 2013 Peter Mertes Platinum Dornfelder.

Mortgage Principal : $118K

[Randomsaver]

My monthly interest expense went down from $326 on 3/1/2016 to $301 for 6/1/2016. That is $25 payment swing to the side of principal reduction.

My monthly interest expense went down from $301 on 6/1/2016 to $278 for 9/1/2016. That is $23 payment swing to the side of principal reduction.

I"d be very ecstatic once my expense goes down below $200. That would be a hoot.

[Outdoorsygal]

My monthly interest expense went down from $301 on 6/1/2016 to $278 for 9/1/2016. That is $23 payment swing to the side of principal reduction.

I"d be very ecstatic once my expense goes down below $200. That would be a hoot.

Good Job!!! You're really chipping away at it!

[Randomsaver]

Mortgage Principal : $118K

Mortgage Principal : $117K

[Randomsaver]

Good Job!!! You're really chipping away at it!

Thanks Outdoorsygal and GoodSteward.

[Randomsaver]

Mortgage Principal : $117K

Mortgage Principal : $116K

[james.hendrickson]

I've still got like 365K on my mortgage...: (

[Eagle]

Mortgage Principle: $94,074.45

Not much progress. We've had a lot of extra expenses we have cash flowed such as my car maintenance, family van maintenance, doctors visits, daughter's emergency room visit, and daughter's surgery. Hopefully the second half of the year will be better.

Mortgage Principle: $92,270.31

Not a lot of progress but some.

That's why I prefer the flexibility of 30 year mortgages over 15s.

Have you considered paying these kinds of large debts using 0% (technically, "3%") transfer offers? They help to keep you liquid (in case you really need a lot of dead Presidents up front for something), and you can set up automatic payments for as many months in the 0% offer window.

I guess that's not a bad suggestion if money got tight. I don't think we want to take on any more debt though. Yes, it's nice that we have a 30 year instead of a 15 year.

Hang in there buddy. Here's wishing you and all those paying mortgage a better half of the year!

Thanks Random! I see you've made great progress! Keep at it!

[Randomsaver]

I've still got like 365K on my mortgage...: (

Count it down here. Always nice to look back and see how dollars go down over time.

[Randomsaver]

Mortgage Principle: $92,270.31


Thanks Random! I see you've made great progress! Keep at it!

Nice to see you here. Hope your daughter's ok now.

[Randomsaver]

Went to dentist and they estimated $2600 for one tooth of root canal and crown. That is actually already net of estimated cover by my dental plan. Oh my. I said I'll table it for now and look to doing it if I receive a bonus next year as my priority is paying down the mortgage.