Category Archives: Mortgage

Mortgage Payoff Progress for January 2012 with Chart

Two years ago my wife and I purchased our very first home. We have a conventional, fixed-rate 15-year mortgage.  Our goal is to pay it off our mortgage in less than ten years. As of January 13, 2011, we have made 22 regular monthly mortgage payments.  We have also made several additional principal-only payments. Our [...]

Refinancing Our Mortgage

In an effort to both save money on interest and lower our monthly mortgage payment, we have decided to consider refinancing our mortgage.  I have spoken with several lenders and it looks like we can refinance our loan – and reduce or interest rate by more than a full percentage point. When we purchased our [...]

Mortgage Payoff Progress For August With Chart

In February of 2010 my wife and I purchased our very first home.  We have a conventional 15-year mortgage and our plan is to pay it off in less than 10 years.  Our stretch goal is to pay it off in less than 7. As of September 16, 2011, we have made 18 regular mortgage [...]

Mortgage Payoff Progress For June With Chart

In February of 2010 my wife and I purchased our very first home.  We have a conventional 15-year mortgage and our plan is to pay it off in less than 10 years.  Our stretch goal is to pay it off in less than 7. As of June 27, 2011, we have made 16 regular mortgage [...]