That is how much our first addition of interest was for our mortgage. Kind of exciting even though it is really NOT exciting at all...
Our new loan balance is $303 117.38 - at least it is still UNDER the initial borrowed balance, eh?
$1268.13 in interest!
April 2nd, 2009 at 07:54 pm
April 2nd, 2009 at 07:58 pm 1238702322
Kinda like renting from the bank while owning at the same time if u see what I mean...
April 2nd, 2009 at 08:19 pm 1238703546
It will get better. Some of our first payments were as much. These days our interest portion is only $850/month. It gets better!!! If you keep chugging along and don't borrow more anyway.
April 2nd, 2009 at 08:49 pm 1238705368
April 2nd, 2009 at 09:26 pm 1238707604
If I'm not mistaken, Whitestripes does the conversion for us. I hope!
April 3rd, 2009 at 08:32 am 1238747545
it's $209 150.99
HEY that doesn't sound too bad at all hehe!