Sunday, October 18, 2009

Primary Mortgage Update

Once again I'm resorting to viewing my statement online, but at least I can update the totals. $342.20 of the last payment was applied to the principal bringing the balance down to $254,301.76. Reiterating that this mortgage is the least of my worries. It has a fixed 4.5% rate. It's manageable. We love our home even if it is 40 years old and slightly outdated. Bottom line...paying for this house is much cheaper than paying private school tuition which is what we were facing in our old location! And the next update will bring this balance under $254,000!


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