Author Topic: Mortgage Payment Club $75K : Starting current balance of $50K- $99K  (Read 910 times)

Gardo

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Hi guys,

I'm looking for folks to share mortgage payment journey with similar situation. 

To be a member of the Club, which we can shorten to MPC075, the requirement is :

YOUR CURRENT MORTGAGE PRINCIPLE BALANCE MUST BE BETWEEN $50K-$99k.   

This gives Club members a better bonding experience as we belong in the same similar range of debt VS people who either have bigger or smaller debt.

The Required First Post should follow this pattern: 


Starting Mortgage Debt :  $ (must be between $50K-$99K)

Beginning Mortgage Debt This Month: $
Paid Mortgage Debt This Month :  $
Ending Mortgage Debt : $

****Descriptive Text *****



MangoAtPlay

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Re: Mortgage Payment Club $75K : Starting current balance of $50K- $99K
« Reply #1 on: March 25, 2017, 07:57:31 PM »
We started 2017 owing $56,000 and pay $2,000/month.

Starting Mortgage Debt:  $56,000

Beginning Mortgage Debt This Month:  $52,000
Paid Mortgage Debt This Month:  $2,000
Ending Mortgage Debt:  $50,000       

This mortgage and our VISA ($4,400) are our only debt.  Looking forward to getting both paid off!

KBecks

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Re: Mortgage Payment Club $75K : Starting current balance of $50K- $99K
« Reply #2 on: March 30, 2017, 04:25:45 PM »
Ok, this is my cohort.

Current mortgage balance, $70,390 after April payment.

Gardo

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Re: Mortgage Payment Club $75K : Starting current balance of $50K- $99K
« Reply #3 on: April 02, 2017, 10:16:00 AM »
We started 2017 owing $56,000 and pay $2,000/month.

Starting Mortgage Debt:  $56,000

Beginning Mortgage Debt This Month:  $52,000
Paid Mortgage Debt This Month:  $2,000
Ending Mortgage Debt:  $50,000       

This mortgage and our VISA ($4,400) are our only debt.  Looking forward to getting both paid off!

Welcome to the Club.   Also ....
Congratulations and HAPPY Graduation!   You are our first Graduate here on this Club.    Feel free to join the Payoff club thread, if you haven't yet! 

Gardo

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Re: Mortgage Payment Club $75K : Starting current balance of $50K- $99K
« Reply #4 on: April 02, 2017, 10:17:28 AM »
Ok, this is my cohort.

Current mortgage balance, $70,390 after April payment.

Glad you joined the Club!  Hoping to join you in about 2 months. :)

KBecks

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Re: Mortgage Payment Club $75K : Starting current balance of $50K- $99K
« Reply #5 on: April 20, 2017, 11:26:18 AM »
Ok, this is my cohort.

Current mortgage balance, $70,390 after April payment.
slight math error last time - here we go

BALANCE - $71,378.
Paying approx - $5,830.
NEW BALANCE approx - $65,548

**approx months to payoff -- 11**  target payoff month - March 2018.

Gardo

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Re: Mortgage Payment Club $75K : Starting current balance of $50K- $99K
« Reply #6 on: June 22, 2017, 08:04:46 PM »
Well here I am, soon to be the NEWEST member of MPC075.  It is as privileged as we can get prior to the Payoff Club. 

Beginning Mortgage Debt This Month:  $100K
Paid Mortgage Debt This Month: $0K
Ending Mortgage Debt:  $100K


« Last Edit: June 22, 2017, 08:07:05 PM by Gardo »

Gardo

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Re: Mortgage Payment Club $75K : Starting current balance of $50K- $99K
« Reply #7 on: June 28, 2017, 06:35:47 PM »
Well here I am, soon to be the NEWEST member of MPC075.  It is as privileged as we can get prior to the Payoff Club. 

Beginning Mortgage Debt This Month:  $100K
Paid Mortgage Debt This Month: $0K
Ending Mortgage Debt:  $100K

Hi guys, MADE IT! 

It's official.  I am now a Bona Fide member of the prestigious MPC075 Club!  Hope to gain friends here.

Beginning Mortgage Debt This Month:  $100K
Paid Mortgage Debt This Month: $1K
Ending Mortgage Debt:  $99K

indentured4now

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Re: Mortgage Payment Club $75K : Starting current balance of $50K- $99K
« Reply #8 on: July 09, 2017, 05:53:57 AM »
Just a bit over $101K, but on track to get below $100K in Aug... submitting my application to join this club soon!