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.
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.
Mortgage Chips To Date
August 4th, 2015 at 06:05 pm
August 5th, 2015 at 02:53 am 1438739611
August 11th, 2015 at 05:24 pm 1439310250
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.
August 11th, 2015 at 05:24 pm 1439310285