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No spend day

May 23rd, 2006 at 07:54 pm

This has been a no spend day today. I only had to go to town to make my payment on a piece of property that we have a mortgage on. I make my payment every 28 days and I have gotten the interest down quite a bit from when I started.
I borrowed almost $65,000 to buy this beautiful mountain view property. This was in Jan., 2005. Today's payment brought my total owed to just under $30,000. I am so happy, I have paid off over $30,000 in 16 months.
We have to attend a builder's meeting at 5:30, so there will be no supper out for us tonight. Guess we will really be saving money. I had better go get a snack, don't want my tummy growling tonight!

4 Responses to “No spend day”

  1. Thrifty Ray Says:
    1148415526

    How nice to pay something down so quickly. You and your DH have sure built a nice nest egg!!

  2. Broken Arrow Says:
    1148433736

    You paid 30k in 16 months???

    That's an average of $1875 per month, just on the mortgage alone.

    Wow.

  3. markio26 Says:
    1148448062

    that is just outstanding... great job......i love mountain views.... they are so beautiful and peaceful...

  4. Ima saver Says:
    1148490834

    Yes, because I paid so quickly, they lowered my payments, but I am still making the old payment, plus at least $1000 extra each month.
    The view is beautiful, it is of the highest peak in Georgia, called Brassrtown Bald. I am so spoiled, I live on this beautiful creek and I have this mountain view lot. Can't decide where I want to live.

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