May 2007 Weddings
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Since our refinance last December, we have knocked off 25 mortgage payments in less than a year. ( I know it doesn't sound like a lot but if we keep at this pace, and have our house paid off in 10 years, thats about $190,000 saved in interest)
Re: AW re our Mortgage
Jen, we pretty much kept paying our "old" rate plus some. So this is actually based on the refinanced rate. I should have DH plug in what it would have been at our old rate. (Yes we are accounting nerds and have a mortgage amortization spreadsheet(
That's great Mel! I'm proud.
I'm so glad we bought the new house when interest rates were low. we're trying to pay it off in 10 years (15 year mortgage). It's crazy how much you can save.
Same with us! We pay the amount prior to when we refi'd. Like I said, it all adds up.
That's awesome! Congrats!