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.
Paid a little extra to principal
December 31st, 2007 at 03:22 am