My wife and I moved in to our new home in February of 2010. We have a conventional, fixed-rate, 15-year mortgage. We recently reduced the interest rate on our mortgage. Our goal is to pay it off our mortgage in less than ten total years. As of December, we have made 33 regular, monthly mortgage payments. We have also made…
Category: Mortgage
Mortgage Payoff Progress for October 2012 with Chart
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…
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…