Bricks and mortar

Filed under: General - Mark @ 12:25 pm

 

Don’t get me wrong, I love owning my own home. Being able to modify it, and over time building equity. But gee it’s also depressing.

I decided to make a graph of how much damange we’ve been able to do to our outstanding mortgage amount over the last 9 months.

(Orange is actual, black is average)

It’s so depressing, one step forward, 0.9 steps backwards. When the orange gets past -250k (and stays there), I’ll be a bit more happier. That was my 6-month goal. Missed it by about 4 months, but unexpected babies can do that! Well worth the cost though.

So, what does this mean for the future? Thanks to excels ability to see into the future:

(Blue is what we’ve done, purple is projected until $0 balance)

Puts things in a bit of perspective…

Add Comment (1) | 14/5/2010