Wow, it's almost the end of the month but better late than never. I waited longer than usual to make my extra mortgage payment because:
-My renters have been paying me in small quantities of $300-$500 at a time.
-I was deciding what to do with my $5,000 CD that just matured.
-I was waiting to see if more money magically appeared so that I could buy a share of my neighbor's well. (approximate cost $10k or more)
More money did not magically appear so I decided to put the $5,000 towards my mortgage. I made a jumbo payment of $6,636 this month. My mortgage total now is $34,702.
If I don't make any more extra payments, my mortgage will be paid off in 5 years and 6 months. If I stick with my plan (and my renters cooperate), I will have it paid off in 1 year and 2 months. I can't wait to get to the one year mark. I'm so excited!