Another extra payment! This is my favorite day of the month. $1,500 extra towards the principle which brings the total to $55,318. Only 3 years and 2 months to go! If I keep up the $1,500 payments it will be paid off a little faster than that. 3 years and 2 months is based on a more conservative $1,200 extra a month. I wanted to leave some room for unexpected expenses (like when the heat drives me crazy and I buy an air conditioner. No. I can make it. 80 degrees inside isn't that bad, right?). Right now I am focused on the mortgage and not on other expensive home improvement projects. I can do this!