Wednesday, December 31, 2014
Mortgage Update for December 2014
Well, now for some good news. I was able to make an extra $1,200 payment towards my mortgage even with all the wild Christmas spending I did. That brings the total down to $49,570. I am below $50k! That is very exciting. If I am able to keep up my $1,200 extra payments, then I will have it paid off in 2 years and 10 months. I have another scenario where I put $1,600 a month towards the mortgage plus my $3,000 emergency fund and that would let me pay off the mortgage in 2 years and 1 month. Who knows, it could happen. With my nephew coming back to live with me, my expenses will be a little more unpredictable but I will try to keep them on track.
It has been cold and rainy all day today. I had a nice lunch with my sister and the rest of the night is ear-marked for movies and ice cream with the dogs. They are already sleeping so I can tell they aren't too concerned about the beginning of another year. I hope it is a good year for everyone. It is definitely looking like many changes are in store for me. Hopefully, good changes.