It has been quite some time since I last updated you guys on our mortgage reduction progress. First, a couple of reminders: My wife and I have a conventional 15-year mortgage and we recently reduced our interest rate. Our September payment was the first payment to made at our new interest rate. My wife and I purchased our first home…
Category: Debt Reduction
Mortgage Payoff Progress for July 2012 with Chart
It’s that time again – time for an update on our mortgage payoff progress. As a reminder – My wife and I have a conventional, fixed-rate 15-year mortgage. Also, yesterday, we finalized the process of reducing the interest rate on our mortgage, and re-amortized our loan. So, our August 1st payment was the last payment made under the old interest…
Mortgage Payoff Progress for June 2012 with Chart
It’s time for an update on our mortgage payoff progress. As a reminder – My wife and I purchased our first home back in February of 2010. Since then, we have been working hard to reduce our mortgage principal and payoff our mortgage early. We have a conventional, fixed-rate 15-year mortgage. Our goal is to pay it off our mortgage…