If you hit the “mortgage” tab you’ll find our “numbers”. The thing is, my husband really doesn’t want me to publish our real numbers, so I will be talking in percentages there.
A the start of this month, October 2012, we paid off 9.09% of our house. We purchased our house in May 2010. However, it had to be built so we started living in this house in October 2011. This actually is our one year home ownership anniversary (Yay!) but our second year mortgage anniversary (Booh!).
The good news is: we are ready to put a big chunk of our savings into our mortgage. We are going to meet our mortgage advisor by the end of this month and talk about our options. (Our Dutch mortgage system is pretty complex to explain. You can click here if you’re interested.) The amount of cash we want to throw into our mortgage equals 8.57% of our mortgage. That would mean that we would have paid off 17.66% of our mortgage by the end of this month. WOW! That sure feels good!
Also: our savings have gone up. (Yay!) I’ll have to wait for the bank statements to arrive before I can punch in the numbers for all of our expenses during the past month. Just so you know: I am not a budget-up-front-type-a-gal. This works for me, I’ll explain more thoroughly while blogging.
Are you making extra mortgage payments?