Usually when interest rates go down we just keep paying the same amount so we are always ahead in our payments. But this time I am going to reduce all the payments except our PPOR mortgage to the minimum and redirect them to the PPOR mortgage, so an extra $408 going towards the mortgage payoff from next month. That is really going to help us make faster progress.
DH made me a desk over the weekend so now I have space I don't have to share while I'm working from home. We've put the curtains up in the lounge room/current office space, they don't match but they will do for the time being.
We've started walking at lunchtime now as the mornings are getting a bit cool - I love Autumn!
Roses are starting to bloom...
.... and this little magpie is a friendly visitor to our house each day..
Another week done and dusted. take care everyone xx
8 comments:
Interest rates going down on a mortgage is always good news.
That is great, take advantage of any extra principle you can.
Wow, that is seriously good news!
Good job taking advantage of this. Hopefully a lot more can do that - it should help a great deal! We've paid off all our debts, so this doesn't help us as much, but its good news for everyone else!
always! :)
its going to make a big difference.
yes, nice to have good news with all thats going on at the moment.
we're fortunate I think as if we had lost work then we'd have to use that money, but it will really help get the mortgage down faster.
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