Our Mortgage Pay Down Report – First Quarter 2019

Ah, I can hardly believe we are $18,498 lighter than we were in December. It is an amazing feeling!

The first quarter of 2019 was a good one for us. The profit from my Etsy shop was able to cover our food budget along with a few other bills and our extras, like an anniversary camping trip. We also utilized part of our tax refund to pay down our mortgage. While I know it isn’t always ideal to receive a refund, since we are given so many child tax credits with eight kids, it is inevitable at the moment. If you do receive a refund, I’d love to encourage you to spend it wisely.

We have lots of extras on the horizon, including two birthdays and a graduation. April probably won’t be as good to us as March was.

I often use an early mortgage payoff calculator to play around with numbers. You can find my favorite one here. It is super simple. All you do is input your payment information along with how quickly you would like to pay off your mortgage. It then let’s you know how much extra you should send to your principal to achieve your goal.

Three years ago we were living paycheck to paycheck and I never guessed this would one day be our reality. Believe me, if we can do it, you can!

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