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Mortgage Chips To Date

January 13th, 2015 at 02:00 pm

I have made my scheduled mortgage payment, along with an extra $13.59. I enjoyed a $25 principal payment from Wells Fargo Home Rewards Visa. My new balance is $170,750.00.

Chips to date: $1,588.76

Interest savings this month: $5.60

Interest savings to date: $57.77

Eventually, the interest savings on the chips I have already made will compound to $3,478.65, provided I own this house until the mortgage is paid in full.

4 Responses to “Mortgage Chips To Date”

  1. Kiki Says:

    If I buy this house that I am the process of I want to track my snowflakes and interest saved. How do you do it?

  2. FrugalTexan75 Says:

    Going good Smile

  3. Petunia 100 Says:

    Kiki, I e-mailed my spreadsheet to you. Best of luck to you with your home purchase.

    FT, thank you. Smile

  4. Kiki Says:

    Petunia, thank you for the sheet. I signed yesterday so I am going to set it up for my first payment March 1, 2015.

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