Thursday, August 28, 2008
We have a tendancy to pay bills without looking at the statements too closely, especially if it's a payment that doesn't typically change. Tim opened our statement for the second mortgage that other day and proudly announced that our next payment isn't due until August of 2013. We've been putting all our extra income toward that debt and paying large chunks each month (usually at least 5 times the minimum amount). I thought the balance would go down, but I didn't expect the due date to change. It's kind of funny and some what reassuring to know that if some thing major happened we'd be in the clear for FIVE YEARS! Wow! That's insane!