I made another land payment yesterday. So far, I have been able to come up with an extra $1000 a month to pay on the principal. It is nice to see that interest amount drop.
When i started the payments, i was paying about $400 a month in interest. Yesterday the interest was $165.
The amount I owe is dropping rapidly. I started out owing $64,000 and my balance is now below $29,000.
Land payment
June 21st, 2006 at 01:54 pm
June 21st, 2006 at 03:36 pm 1150904208
June 21st, 2006 at 10:00 pm 1150927236
Are you planning on building on it later?
June 21st, 2006 at 10:03 pm 1150927391