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Mortgage Chips To Date

October 2nd, 2014 at 02:30 pm

My mortgage payment has posted, and I have paid an additional $16.87 to round the balance down to $171,700.00.

Chips to date: $1,494.69

Interest savings this month: $5.20

Interest savings to date: $41.36

Eventually, the interest savings on the chips I have already made will compound to $3,284.23, provided I own this house until the mortgage is paid in full.

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