I have made my scheduled mortgage payment, along with an extra $14.73. My new balance is $171,075.00.
Chips to date: $1,550.17
Interest savings this month: $5.44
Interest savings to date: $52.17
Eventually, the interest savings on the chips I have already made will compound to $3,399.23, provided I own this house until the mortgage is paid in full.
Mortgage Chips To Date
December 1st, 2014 at 09:45 pm