October 2014 Mortgage Payment
Balance $168,500.00
+$509.01 Interest
-$768.45 Regular Payment
-$240.56 Principle Payment
New Balance $168,000.00
Here is my first mortgage payment on my own.
For now my plan is going to be to pay down to the next $500 mark each month. Gonna keep my focus on savings as much as possible, but want that balance to keep going down.
October 2014 Mortgage Payment
September 28th, 2014 at 05:36 pm
September 28th, 2014 at 10:20 pm 1411942848
These can change as your circumstances change, nothing written in stone... please understand I mean no offence. I see interest paid out as an anathema
October 3rd, 2014 at 11:18 pm 1412378287
Would you consider making a 5K payment towards your mortgage? And continuing to save, and maying payments once you hit 5K?
If I'm not mistaken, you don't have a traditional 15Y or 30Y mortgage. I'm not sure why. Have you considered that?
Good luck! I'm so glad to see things are looking up for you!