I have made my scheduled mortgage payment, along with an extra $1.75. My new balance is $167,300.00.
Chips to date: $1,817.17
Interest savings this month: $6.65
Interest savings to date: $126.10
Eventually, the interest savings on the chips I have already made will compound to $3,934.03, provided I own this house until the mortgage is paid in full. Which I won't.
Mortgage Chips To Date
December 2nd, 2015 at 05:25 pm