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August 2011 Mortgage Payment

July 30th, 2011 at 02:34 am

August 2011 Mortgage Payment

Balance $129,200.00
+$403.75 Interest
+$307.59 Escrow
-$1311.16 Regular Payment
-$600.18 Principle Payment ($30.00 in change)
New Balance $128,000.00

$128K = 128 months = 10.67 years!

I shouldn't have.....but I couldn't resist throwing even more at the mortgage to get down to the next even $1000 dollar mark. Money is going to be very tight this month because of that and running the summer months on reduced income. But I am so happy with our progress! Also loving the hott hott weather! When you live in the midwest you take all the heat you can get!

2 Responses to “August 2011 Mortgage Payment”

  1. LuckyRobin Says:

    I'll be paying an extra $100 to principle this month to get my mortgage to just under $20,000. I just want to see a 19 at the beginning of the amount instead of a $20. So I know exactly how you feel.

  2. Banker Gurl Says:

    LuckyRobin - That's awesome! Right now I just can't wait for the day we are under $100K....should be about 2 more years.

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