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House Debt Update

February 11th, 2021 at 08:07 pm

Each month I track the principal payments for our house debt. I started this to put us on an achievable schedule to pay off the house within 5 years. I’m on payment 30 of 58. It’s exciting for me to see the acceleration in principal reduction – both from larger payments and decreasing interest due.



3 Responses to “House Debt Update”

  1. rob62521 Says:

    Great spreadsheet and good job on getting it paid down.

  2. LivingAlmostLarge Says:

    that's amazing how the payoff is so accelerated

  3. Baroque Says:

    I have three in college this year. Thankfully one is able to pay for it since she's well paid when she works and its online, and the younger two are on mostly full scholarship. OOP for one is $4,000 and $5,000 for the other. Not sure how we will fare with the younger one coming through the ranks as well!

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