Mortgage progress

Looking at the interest, it seems like the month to month interest is dropping faster than before. The November interest was $424.03. The December interest is $422.23. This is just making not the $1000/month payment that I used to make but slightly above the required payment which is $850 (minimum is $833.61). I remember that the interest only decreased a few cents every month. After the $20,000 principal payment, the difference of interest is making some difference!

Let the next $20,000 role in!!! Can’t wait to pay this off!!! >=]

Mortgage payment after $20,000 payment!

Couple weeks ago, I posted a blog about my mortgage payoff.

Last month’s interest was $485.02.

This is after my $20,000 payment applied!

Now, the monthly interest is $424.03. $60.99 less! When I used to pay $1000/month payment, the interest was decreased about $1/month. That’s about 60 months worth of decrease!

I can’t wait for another $20,000 payment! >=]

Are you with me?!