Even though I am not actively chipping at the present time, the interest savings continues to compound, and I want to continue to track it.
During July, I automatically chipped $25.00 from Wells Fargo Home Visa credit card rewards.
Chips to date: $1,424.64
Interest savings this month: $4.99
Interest savings to date: $31.03
Eventually, the interest savings on the chips I have already made will compound to $3,137.52, provided I own this house until the mortgage is paid in full.
Mortgage Chips To Date
August 8th, 2014 at 03:40 pm