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Home > Sangl Home Pay-Off Spectacular - November 2007

Sangl Home Pay-Off Spectacular - November 2007

November 1st, 2007 at 01:21 pm

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Every month there will be an update of Joe & Jenn's Home Pay-Off Spectacular! The second monthly update is TODAY!

I have had ENOUGH of the stupid house payments!

While I could pull money out of my investments and pay off the mortgage, the penalties are too great (vast majority of investments are in tax-advantaged retirement accounts).

So Jenn and I have shook hands and made an agreement that the house payments will be gone within four years. You guys will all get to watch the mortgage leave by watching the "Sangl Family Home Pay-Off Spectacular" turn green!

With that, here is the update!

Total Squares: 2,426

Paid-For Squares: WAS: 658 NOW: 674

Squares Remaining: WAS: 1,768 NOW: 1754

% of House Owned By The Sangl's: 27.8%

% of House Owned By Wells Fargo: 72.2%



Here is the fact that is making me hate the house mortgage this particular month. We sent in MORE than TWO monthly payments this month. That is a LOT of money!!! BUT, it only paid off 0.6% of the stupid mortgage. ARGH!!!! I HATE house payments! Maybe next month, I will send in 50 house payments … Anybody want to donate to the Joe & Jenn Mortgage Early Pay-Off Charity?

By the way, 50 house payments would only pay off 15% of the stupid mortgage. Proverbs 22:7 sure rings true! I am so OVER house payments!

Get your own Debt Pay-Off Spectacular
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Already debt-free? Get your own SAVINGS Spectaculars
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HERE.


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4 Responses to “Sangl Home Pay-Off Spectacular - November 2007”

  1. cptacek Says:
    1193928946

    That is a cool graph and a great way to see how much your payments affect the payoff!

  2. fern Says:
    1193935033

    Yes, those squares and the diagram are really a novel way of depicting the portion of your house that's paid off.

    I'm a math moron. Can you tell me how you calculated how many squares you needed. I suppose an easy way to do it is each square equals one square foot. so my 1650 sf house would have 1650 little squares. wonder how i would draw that without going nuts?

  3. scfr Says:
    1193951956

    That's a great graph; what a neat way to visualize the payoff.

  4. monkeymama Says:
    1194812922

    I just saw this on a link in another blog. I LOVE this. All the graphs you offer are great.

    I would like to see an IRA one. Not sure what it would look like though. Maybe a piggy bank. Hmmmm.... (As far as a Savings Spectacular...).

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