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January 2012 Mortgage Payment

January 2nd, 2012 at 09:35 am

January 2012 Mortgage Payment

Balance $123,300.00
+$385.31 Interest
+$319.71 Escrow
-$1323.28 Regular Payment
-$581.74 Principle Payment
New Balance $122,100.00

$122K = 122 months left = 10.17 years left!

Our escrow went up about $15 for this new year, so our payment breakdown is just a little different. I can't wait for March's payment when we get under $120k!

2 Responses to “January 2012 Mortgage Payment ”

  1. Twinsies Says:

    You are a debt paydown goddess. Wish you could talk some sense into some of the people on the WIR board who come up with excuse after excuse as to why their debt isn't going in the right direction.

  2. Banker Gurl Says:

    Thanks Twinsies! I agree the excuses can be endless. I used to try the "tough love" approach on WIR, but I feel many are too sensitive and feel like you are attacking them rather then giving advise, so now I don't say as much as I used to. DH and I do work very hard (between the 2 of us we have 6 jobs through out the year) to make our savings go up and our mortgage go down.

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