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Mortgage Chips To Date

December 5th, 2016 at 07:50 pm

My mortgage payment has posted. This month I paid an additional $13.17. My new balance is $163,325.00.

Chips to date: $2,124.93

Interest savings this month: $7.97

Interest savings to date: $214.93

Eventually, the interest savings on the chips I have already made will compound to $4,509.16, provided I own this house until July 1, 2042. Which I probably won't. Stick Out Tongue

1 Responses to “Mortgage Chips To Date”

  1. rob62521 Says:

    Good for you for paying additional on the principal!

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