It's that simple. I sold the kids' Brio train table on craigslist. I paid $60 (on Craigslist) for it 4 years ago, and sold it for 45. We got great use out of it, but the kids have outgrown it.
The mortgage payment also posted, so the new balance is tah-dah, $58,903. We paid $265,000 for the house 2.5 years ago, then paid $125,000 of that off with the proceeds from selling our other house.
So, in reality, we had about $85,000 to pay off after the down payment and the money from our other house. and we've paid off close to $30,000 since April 2011. I'm happy with that.
I'd love the balance to be zero, but it's still going down, right?
Sold a toy, paid some mortgage
September 28th, 2013 at 08:19 pm
September 28th, 2013 at 09:26 pm 1380403584
September 28th, 2013 at 11:24 pm 1380410695
September 29th, 2013 at 02:59 am 1380423585
September 29th, 2013 at 07:17 pm 1380482257