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Mortgage Payment - August 2016

August 2nd, 2016 at 12:00 pm

$ 147,710.17 July 2016
- $342.83 Regular Principal
- $700.00 Additional Principal
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$146,667.34 August 2016

2 Responses to “Mortgage Payment - August 2016”

  1. SecretarySaving Says:

    Wow. I remember all the way back when you were replacing the windows. So much has happened since then. Good job!

  2. Xtreme Thunder Says:

    Haha, indeed, we were actually in the basement the other day, and still have the 4 basement windows to do. We may have over-improved the house (quality materials, downside to working in the Engineering field) in the current local real estate market. As long as we both are gainfully employed, we will continue to decrease the mortgage principal. Would like to refinance to a 10 year loan, the payment would slightly increase, but the rate would be 2.125% less than our current rate, but we don't have that kind of equity yet. If we chose that option, we would only have to add an additional $100 each month to be over $1,000 principal reduction each month.

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