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Mortgage Chips To Date

August 4th, 2015 at 10:05 am

I have made my scheduled mortgage payment, along with an extra $6.04. My new balance is $168,550.00.

Chips to date: $1,753.57

Interest savings this month: $6.33

Interest savings to date: $100.13

Eventually, the interest savings on the chips I have already made will compound to $3,810.60, provided I own this house until the mortgage is paid in full. Which I won't. Stick Out Tongue

I decided to add a page for my mortgage amortization. I didn't post the entire thing, just my progress from the beginning and then the very end. The cells highlighted in green mean those payments have already happened. The cells highlighted in pink at the end mean those payments will never happen, they have been eliminated. I so enjoy highlighting cells in pink.

4 Responses to “Mortgage Chips To Date”

  1. FrugalTexan75 Says:

    Pink is a good color. Smile

  2. Foscavista Says:

    Good for you! Yet, I'm wondering if the sale of your significant other's house actually closed.

  3. Petunia 100 Says:

    Hi Foscavista,

    No, BF's house sale did not close. It is back on the market. I think this year's buying opportunity is over; he remains optimistic.

  4. Petunia 100 Says:

    Oops, I mean selling opportunity.

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