Our current balance is $72,356 as of August 31, 2018. 🙂
The black line is what our balance would be if we paid the minimums only.
The green line shows how our principal only payments have lowered the balance faster.
We paid the minimums early in our loan because we were pregnant and renovating our foreclosure.
Then we refocused on the mortgage and started making principal only payments.
We’ve paid off $57,718 in 20 months.
If we stay on track, we’ll save 88% on interest.
I write more on how to do that in this post.
To read about our debt payoff in more detail, check out my debt payoff reports starting from when the blog began.
Debt Payoff Reports