Monday, January 12, 2009

More Money Off the Mortgage

We paid another £1000 off the mortgage today. That makes a total of £2000 this month which is fantastic. We had some money in a savings account which was earning nearly no interest, so we decided to move it over. It feels like we are making really good progress on it which is really good.

3 comments:

Melbel's Post-a-Thought said...

That is amazing! Congratulations! I wish I could do with my mortgage what you are doing with yours. My husband is back at work now after his layoff, but I had to quit my job since the money was to low to have to deal with a warehouse full of cockroaches! I make nearly the same writing articles, anyway! Congratulations, really! How much have you got left on it? It's been forever since we've talked - I don't get on mmmTalk so much anymore. Anyway, check this out:

http://melbel.com/2009/01/melbelcom-mentioned-in-wall-street.html

I moved back to blogger and have all my commenting fixed up and everything. I am also working to make http://www.an-american-in-france.com bilingual.

Also, you should check out twitter, brings more traffic to my sites than EntreCard ever could!

Mizé said...

Congrats Rachel!
It´s great progress. With prices as they are is great you can make overpayments of this amount.
I guess you must feel very reliefed after each payment.
Gotta visit Melbel too. It´s been a long time.
Good Sunday.

Rachel said...

Every payment does feel amazing, I just wish the total owed was going down quicker. It still seems a lot at 82776 - not even a quarter paid off yet. I sometimes think it would be fantastic if we won the premium bonds and had enough to pay it all off!