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  1. 10-05-2010, 10:26 AM #1
    mommy4ever
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    Default October 2010 house payment - extra principal challenge

    We were doing this this summer, I thought I'd pop it up again

    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.
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  2. 11-03-2010, 07:53 PM #2
    knitnmom
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    I love that!! I was doing pretty well, but then they re-figured our escrow account and upped our payment by $200!! That eats up my principal payment!
    Tami

    2012 Challenges
    Mill my own flour
    Bake my own bread
    Plant my own wheatgrass
    Make my own almond milk
    Make my own yogurt
    Plant one fruit tree
    Plant two veggies
    Stick to budget and get more organized
    Work on stashbusting my craft room
    Finish UFOs 1/14
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