Today’s mortgage payment has knocked the remaining principal on our primary mortgage down to $199,807.89. That’s right, as of today, December 1st, 2006, we are waving goodbye to the 200,000 dollar range.
We bought our house in August of 2000 for $260,000 and have managed to pay off over $60,000 in mortgage debt since that time. Looking towards the future we have only seven more years until we get to say good riddance to the $100,000 mark. And less than 12 years before the entire house is paid off!