I didn't make a $2,000 payment today because I didn't really see the benefit of giving them $2,000 when I was sooo close to paying off the mortgage but not quite close enough. I'd rather that money stay in my account. If I had received the rent money sooner, I could have paid off the mortgage this month but now I have to deposit the check and I probably won't have time to do that until Tuesday. On the other hand, I could stop my automatic payment and just go ahead and pay the payoff amount on the payoff letter. Payments aren't late until the 16th of each month so I could wait for my next payday and then pay it off. Actually, that sounds like a good idea. That would save $170 from going in to the escrow fund and then I would have to wait 30 days to get it back.
Oops, there goes that idea. I just logged in and cancelled the automatic payment and it says changes will take effect July 2011. I cancelled it but it won't help me out for June.
That means I have to wait because I don't have enough money to pay off the mortgage AND give the bank an extra $800 just for fun. Oh well, I am going to wait until I deposit my check and the payment is made on the first and then decide how to attack it. For now I am going to enjoy my 3 day weekend.