The auto loan this morning was at about $5,150.00, but I couldn't stand to see it that close to being under $5,000 so (as I already had planned), I transferred an additional $175.00 to the principle and brought the balance down to $4,979.69!

So, in June, two 'milestones' were reached:

1. Mortgage Under $170,000

2. Auto Loan Under $5,000

In other news...

I got into my vehicle this morning and while on my way to work I noticed my clutch pedal having a lot of free play in it, as if there was no hydraulic pressure. I limped it to work, checked the clutch fluid reservoir and the reservoir was empty. I checked and I hope it is just a loose fitting where the clutch line connects to the clutch master cylinder (I can't see that connection unless a few parts are removed [these cab-forward designs on all these new cars make it so difficult to see parts of such), as the other end of the line connecting to the clutch slave cylinder is dry. Inside under the clutch pedal is dry, which hopefully rules out my brand new clutch master cylinder I had installed a few months ago along with the clutch. I put some fluid in it and attempted to pump it a few times and I noticed some fluid that is running down the line and dripping on the ground. I hope it is just a simple clutch line being loose, but it is at the side I can't get to myself. I have an appointment on Wednesday to bring it to the shop, but we may drop it off tonight as I don't want to really to push it.

I will say, I love my 2007 Honda Civic Si Sedan, but they just don't make them like they use to in the 1980's and 1990's. Bummer.

Our central air was installed last Friday and works great. It is nice to have the whole house cool and dehumidified rather than just the immediate room as with a window air conditioner.

Speaking of the window air conditioner, we listed it on Craigslist and sold it last night for $175. I will deposit that tonight and put that toward the principal on the car loan so that it will be below $5K after regular payment hits June 24. I will be sure to blog that milestone separate as well! Haha!

DW bday is June 26, so she asked for a Fitbit One, so they were on sale for $10 off. We purchased at Best Buy and they guy asked if we were using a Best Buy credit card. We said we didn't have one, and asked if we wanted to sign up. I asked if there was any incentive and it was $20 off current purchase if approved. So after we were approved, we walked out spending $75 after tax on a $99 purchase before tax! Plus, we didn't need to use that card to pay for it! Now, just another card with a ridiculous amount of credit for a retail store I need to cancel. Haha!

Speaking of credit cards, the remaining $2,000 balance of the central air was able to be charged to my Chase Freedom card. We will have no problems paying that before it is due by July 12 or so. I will use my existing $65 in rewards as a statement credit so only really $1,935 will really be due!

I need to renew my NYS drivers license by June 14 as it expires this year, which is $80.50. Again, no issue paying that, but those little things like that tick me off sometimes!

Our June 1, 2013 payment posted and the balance is under $170,000!

Balance: $169,919.19!

Yay!

It looks like the mortgage will be under $170K next payment on June 1, 2013! I can't wait to see that $169,xxx number.

Too bad we are underwater by a good $40K though.

I am going to try to have auto loan under $5K by June 24, 2013.

The December 2011 mortgage payment will be a "milestone" in my grand plan to pay off the mortgage in 8 years or less, so that means 7 years remaining on a mortgage that was closed on 11/15/2010.

I created a spread sheet in Microsoft Excel that mimics the amortization table we received at closing, but added an additional column for "additional principal". I initially checked to make sure the functions I created jived with any random payment number to the original amortization schedule received at closing. I checked the interest, principal and balance and all were spot on. This spread sheet allows me to adjust any "additional principal" amount any time during the loan to see the effects on the duration and balance at any given time.

The plan I have set up is:

2011 - Additional $350 Dec only
2012 - Additional $350/ mo. w/ Dec 2012 $5,350
2013 - Additional $450/ mo. w/ Dec 2013 $10,450
2014 - Additional $550/ mo. w/ Dec 2014 $10,550
2015 - Additional $650/ mo. w/ Dec 2015 $10,650
2016 - Additional $750/ mo. w/ Dec 2016 $10,750
2017 - Additional $850/ mo. w/ Dec 2017 $10,850
2018 - Additional $950/ mo. w/ Dec 2018 $25,000

We will see how close to the dream we come...