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Mortgage Principal and Pinecone Cash-Out

October 2nd, 2014 at 12:03 am

I got paid by the gym today (for August! ugh!).... but that's $55 toward the mortgage. Along with $6 I got from a Target rebate and my usual $150 from our budget, I paid down the mortgage principal by $211.

We've paid down an extra $3359 this year so far; the house will be paid off in July 2020 if we don't pay any more down on principal. With my usual $150 per month, it'll be October 2019.

I also cashed out Pinecone today; I should be getting a check for $18 soon (mortgage principal of course!).

4 Responses to “Mortgage Principal and Pinecone Cash-Out”

  1. creditcardfree Says:

    Nice job on paying off some extra debt!

  2. snafu Says:

    Paying down the mortgage $3359. directly to the principal in 9 months results in a huge savings overall in interest and is such a worthwhile goal.

  3. rob62521 Says:

    Excellent job!

  4. Buendia Says:

    Thanks! I think it's a worthwhile goal, too, if only for the peace of mind!!!

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