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Paid a little extra to principal

December 31st, 2007 at 03:22 am

Not much. $50.00.

We now owe $296000.00 on the primary.

I am considering paying an extra $200.00 to the principal on the rental in Jan 08.
The PMI is $141.07 per month. I calculated we will be paying PMI for 5 more years unless we pay extra to principal.

The rental is newer and it will be a great asset when we retire, which is still a long ways away.

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