Home > Mortgage goal met. Hazzah!

Mortgage goal met. Hazzah!

October 10th, 2015 at 12:52 pm

I'm so happy I could tap dance. We exceeded our pay off goal for the mortgage for the year today, and it's only October. I'm going to get this darn house paid off if it's the last thing I do!

The goal for the year was to get the balance to 27,500. Today, we're at 26,854-- about 645 below our goal. If we keep it up to the end of the year, we'll be at around $23,500. It's so close I can taste it. (If we can keep up the same pay off rate next year, we'll be at less than $10k by next December. Wishful thinking!)

Other work news

I had a random freelance project this week that paid $!284 for three business days of work. It was very easy and it came along at just the right time.

I was very restless about my life and my career and every day being the same-- taking care of little kids, running them to activities, so it came along at just the right time. It gave me an outlet to use my brain and make me feel still relevant in my career field. And it was really nice to be out of the house in adult world for three days.

Also, I was lamenting the low balance of my IRA and wondering how I was going to drum up the money to max it out for the year. Once the last check arrives for this project, I will be much much closer. That's a relief. Win Win!

10 Responses to “Mortgage goal met. Hazzah!”

  1. NJDebbie Says:

    Woot woot! I'm so excited for you!

  2. creditcardfree Says:

    Congratulations!! Did some 'extra' money come in to get you to your goal sooner?

  3. Ima saver Says:

    Congratulations, good job!!

  4. My English Castle Says:

    Excellent news! Such a feeling of accomplishment when you're "stuck" and are now moving forward.

  5. snafu Says:

    Whoo hoo! Wonderful accomplishment to be ahead of your goal since accelerated mortgage paydown is a really difficult project. So many unanticipated items jump up meanwhile. Have you put up a chart to show how much interest you're saving? Any suggestions for those considering it for 2016?

    Did you find replacing the garburator was a DIY project? I've a difficult time trying to work out what is a reasonable DIY and what needs the expertise f a tradesman. Just now we are planning to replace the kitchen countertop. I believe DH and I can demo and remove the current countertop which involves removing the sink. Looks doable on YouTube, should we try?

  6. CB in the City Says:

    That's amazing progress! I'm jealous!

  7. FrugalTexan75 Says:

    Great job on the mortgage goal!

  8. LuckyRobin Says:

    Good job. I know how much the mortgage drives you crazy.

  9. VS_ozgirl Says:

    Awesome on the mortgage pay down and freelance job!

  10. ThriftoRama Says:

    CCF, Earlier in the year we used most of our tax refund and part of DH's annual bonus to add a little extra to the mortgage payments. Now, we're at a point where $1,000 comes off actual principle with each regular payment, so even if we just pay the minimum, we'll beat the goal. Of course, we throw in extra whenever we can, even if it's only $10 or $20.


    DIY is very personal. Some people have more skills than others. I assess projects by 1. what is the worst that can happen if I mess this up? I leave wiring, plumbing, and gas lines, structural issues to the pros, otherwise, I try it and if I mess it up, then I can call for help.

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