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November 12th, 2012 at 11:01 am

I joined the site last year but haven't blogged much. I am hoping to write more often to help keep myself motivated!

My main goal remains to pay off my mortgage as quickly as possible. I have no other debt. Over the past year I always pay an additional $1000 to my principal each month. As of today my mortgage balance is $102,493. My projected payoff date (with the additional principal added in) is 08/2017. Not bad considering I just bought the house in 06/2010 with a 15 year mortgage.

I ran some numbers and if I can add an additional $400 dollars a month to principal my payoff date would be 09/2016. I think I can do this if I really tighten up my budget. My biggest area that needs attention is the dreaded grocery shopping and eating out! I really dislike cooking and grocery shopping, but I am determined to do better in these areas.

3 Responses to “Update”

  1. Petunia 100 Says:

    Welcome back, Wink. Best of luck to you with your mortgage payoff goal.

  2. NJDebbie Says:

    I'm rooting for you! Check out my side bar; I'm also doing the same!

  3. snafu Says:

    What you you dislike about cooking? If you can identify barriers, perhaps we can offer suggestions to make it easier.

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