Posted By Jonathan on June 25, 2013
We have reached another milestone on our journey to own our home. We have achieved a 60% payoff amount! From this point on, it will get paid off a bit quicker because interest payments are under $90 a month now (and dropping fast) and we are putting more toward the house than before. It is very important to us to get rid of our mortgage so we don’t have it hanging over us in the event of some economic crisis…which we believe is coming sooner rather than later. We are now putting $2,400 per month toward our house.
Only 8 months to go!