Saturday, October 17, 2009

Rental Mortgage Update

I'm still waiting for statements to arrive in the mail, but I checked online and found a copy of the statement that the postman is holding hostage at the moment. I need the motivation of seeing those balances go down even if by only the slightest amount.

Of course, the rental mortgage balance is the one that is dropping the fastest (percentage wise). $530.21 of the last payment was applied to the principal, leaving the balance of this loan at $26,665.46. It's also nice that my tenants are essentially paying this one for me!

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