We’ve hit another mortgage milestone today, we passed Year 26 on the amortisation table with a mortgage balance of $43,723. I can’t wait to get into the 30’s!

Our extra payments have slowed down a lot as we adjust to not having the extra income from my second job to throw at the mortgage but we’re still on track to reach $33,000 by the end of this year. 

At the moment we’re still in lockdown and working from home. I’m supposed to be on holiday this week but have been contacted every day and have two meetings to attend today – all things I can’t say no to in this management role.  But the end is in sight, I just have to keep plodding along for a bit longer.

Our next mortgage goal is $34,066.

I’m ready to get back to smashing out this mortgage payoff! I had been going to wait until the end of next month to get back to it but a few things have happened in the last week that make me want to get the mortgage gone asap. 

I’m starting to hear about some of the changes that might be happening at work next year, changes I won’t really like much. I want to be in a position to go part-time and that will be much easier if the mortgage is gone. Two of my good friends at work have told me they are leaving at the end of the year. I will really miss them, we’ve worked together for about 15 years and my day will not be the same with them gone. 

It’s all motivation to keep on with my retirement plan and I won’t feel comfortable retiring with a mortgage. 

So it felt very good yesterday to make a nice big payment off the mortgage to bring the balance down to $52,890. My plan now is to just go all out on getting rid of it asap, to stop overthinking things, and Just Do It. I’ve still got 9 months left at this higher salary, very busy job and it would be great to end that being mortgage free.