In updating our networthiq.com numbers for this month, I noticed that our primary mortgage is now diminishing at the rate of more than a $1000 a month.
Whoo-hoo!! That is cause for celebration in my mind (no it doesn't take much at all to get me excited).
When we pay our regular mortgage payment, we are putting $617 towards principal. Then when you throw in the extra payment of $415 a month, that adds up to $1032 in principal.
I actually didn't notice that we've been making this $1000+ principal payment progress since, about, October 2011. I know we are paying extra each month, but it didn't all add up until just now.
1 comment:
Congratulations.
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