Finances How Free

Ooooh We're Half Way There!

Last week, I gave a mortgage update. This week, our latest payment cleared and check out this snip from my mortgage account:
mortgage March 18
I paid 133,000 for my house in late 2006, and 11 1/2 years later, we have paid off half of the principle. Yaay! (I go from “I” to “we” since I married during that time and now Mr. POAI share the mortgage.)
Since I put 30,000 down on the house back in ’06, I took out a loan of 103,000. So even though we’ve paid off half the house, we haven’t yet paid back half the loan. I’m guessing it will take 2 to 2.5 years to pay off 15K and get down to 51,500, half the loan amount.
I want to have the full mortgage paid off by the time I have the opportunity to retire semi-early, which is in 2027, 9 years from now.
Of course, it’d be great to have it paid off sooner, but I am also working on putting funds aside for retirement, saving for a car, and living life in general.
How do you create and fulfill your money goals? Do you prefer to push hard towards one goal at a time? Do you have a few main goals and work to balance them? What works best for you? Let me know in the comments. 
Until then, Peace Out (and In)!

Mortgage Balance March 2018

Our Current Mortgage Balance





  • Halfway there is fabulous! I bet it’s paid off in less than that 9 years 🙂

  • Halfway there is fabulous! I bet it’s paid off in less than that 9 years 🙂

  • Jaye

    Awwww, thank you Angela! I really hope it is paid off in less than 9 years. Lately I’ve been wanting to put “all the money” towards the house. I need to be careful to keep enough out for emergencies though. Do you ever have the desire to put “all the money” towards one thing when you know it’d be best to use it for a few things?

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