January 2018 Mortgage Pay-Off Update

Surprise! Happy New Year. January got off to a great start paying down our mortgage. It was the highest month of prepayments thus far. Don’t get too excited just yet, I will be shifting gears ever so slightly in the coming months to reach a few other financial goals before hammering harder at this wall of debt in front of us.

January 2018 Mortgage Numbers

  • Starting January: $207,417.67
  • Prepaid January: $3,308.00
  • Ending January: $203,678.90

Look at that beautiful dip in the graph that is occurring!

We are so close to making our first goal, I’m tempted to just throw a bit extra in there to bring it under the big $200k! You’ll have to check back next month to find out what we decided to do.

Interested to see how far we’ve come from the start?

Check out September 2017’s beginning numbers.

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1 Response

  1. Mr. Groovy says:

    That’s a big dip, Kate. Congratulations. Can’t wait to see the mortgage balance go below $200K. There’s nothing like the feeling of owning your home outright. My guess is that you’ll experience that feeling in 10 years or less. Life is good!

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