Tuesday, December 14, 2021

Update for the Year of 2021

 Well it is time to recap and give a updated judgement on the process I have been doing since 2018. When I started tracking this in 2018 (though the loan was refinanced in 2016 and I was paying off other things), this is where it started when I started to track it. 

 

 So the end of the year is here. This year I had some medical bills, an AC needing fixed, Dryer replacement. Thing is with all these extra stuff I still made surprising progress. The motorcycle crash totaled my bike, but gave me ability to pay more on the house, so I am thankful either way. 


So here is where we are on the process.

 

 

93 payments is 7.75 years by the way. For a 15 year mortgage. The goal is to finish this by June or July and get out from under it. 

 What about the truck. Well I have been making normal payments on it, and still ahead of what my bad calculations had me at.

This is supposed to be the estimates for the items at hand.


Car

 

The only thing not in accordance or ahead of schedule is the savings. It is to be expected though since I have been putting my all to getting the house down. ;) 

 So overall I am very happy with this experiment, and unfortunately it will be ending soon. I will have to figure out a different way for the truck to pay off quickly but I already have an idea for that. A secondary savings I can rotate though. 

The process is done, house paid off.

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