Arggh. I forgot to copy my post and it got eaten. I hate when that happen!
Was taking about our mortgage which got paid earlier this week.
$1218 normal monthly payment
$257.79 was interest
$960.21 to principal
Can't wait to see the principal hit $1K. This month (or should I say last month) was shorter so more went to the principal. According to my excel spreadsheet we should hit that $1K mark in June, if not definitely July. I prefer this principal to interest ratio a lot better than when it was reversed.
Note: Forgot to mention that I've updated my side bar with my goals for this year.
Mortgage
March 7th, 2014 at 05:04 am