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.

I am pretty good at accounting and balancing the checkbook. Math is another story.
My plan is to get out of the habit of leaving excess amounts of money in the main checking account.
For me, it is a psychological issue. I feel good seeing the money sit there.

Bad habit indeed!!

I need to find a balance of how much to keep in the main account. I think I will start with $1000.00.

$3079.37-$1000.00= $2079.37


I am working on paying extra principal to the primary mortgage which has a 4.5% interest rate... and saving to the MMA at 4.8%.
I am just crunching numbers, I have not paid anything off at this point.

$969.37