Frugal Village Forums banner

October 2010 house payment - extra principal challenge

897 views 1 reply 2 participants last post by  knitnmom 
#1 ·
We were doing this this summer, I thought I'd pop it up again :crackup:

I like seeing months coming off the mortgage.

This week i upped our weekly payment by $50/week. This took off 5 years from the mortgage, if we keep it that way. With ALL the extra in the weekly payments(now I think it's 80/week) it took off nearly 10 years ;)

I am hoping to make a principal payment on the 20th... Aiming for $600. Curious to see what that does to the amortization.
 
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top