I started my Mortgage Payoff Project on Feb 1, 2017 with a goal to pay off nearly $82,000 and be debt free in 4 years or less. My original loan amount was approximately $92,500 in 2012. This will take saving a minimum of $20,000 per year over that time. My goal is to save and eBay my way to accomplish this goal. Visit my Youtube channel Living More With Less
Savings is how much money that I have set aside to pay off the balance. This includes a 3-6 month wage savings. The Balance is the actual amount the Mortgage payoff is and the last date it was updated. My first mini goal is to get my balance down to $72,000 to eliminate the PMI on this mortgage.