Home > The Joy of Paying Extra on My Mortgage: A Personal Finance Journey

The Joy of Paying Extra on My Mortgage: A Personal Finance Journey

October 7th, 2023 at 04:13 am


In the world of personal finance, making decisions about where to allocate your money can be a bit of a puzzle. One might argue that I should have applied this extra cash towards my student loans, but there's something about paying extra on my mortgage that I just can't resist. I've been doing it consistently for over a year now, and today was no exception.


Earlier today, I made an additional payment of $60.35 towards the principal of my mortgage. It might seem odd, but I've always had this habit of rounding up to the nearest hundred. So, instead of the paying  $57.35, which would have been $300 to wards the principal, I opted for $60.35


To some, it may sound like a financial quirk or even an addiction. But for me, it's a source of comfort. I don't feel quite right when I don't do it. Each time I make an extra payment, I see that principal amount decrease, even if it's just by a little bit. Though the actual amount should have been $57.35, but that extra $2.65 makes a difference in my mind.


In a world where financial decisions can be stressful and complex, paying extra on my mortgage has become my peace. It's a small, simple act that brings me a sense of satisfaction and control over my financial journey.

6 Responses to “The Joy of Paying Extra on My Mortgage: A Personal Finance Journey”

  1. Wink Says:

    Amber, I understand this completely because I did the same thing. To this day I feel that the single best thing I did for my older self was to pay off my mortgage early. It gave me a sense of security and peace of mind, that just can't be measured by the math. It's "personal finance". You are doing great!

  2. Amber Says:

    Thank you Wink

  3. mumof2 Says:

    I am the same I always round up when paying things and even if it is a little bit it all adds up in the end..glad y ou are able to pay matter the amount

  4. rob62521 Says:

    Amber, I see nothing wrong with you putting extra on your mortgage. You are smart to do so.

  5. LivingAlmostLarge Says:

    Maybe you shouold target that to your student loans? That extra $60 would go further paying your student loans. Snowflake that to your student loans or honestly CC. I wouldn't be rounding up your home loan when CC are so expensive.

  6. PatientSaver Says:

    It's a great habit to have...of course, I'd probably want to compare the interest rates of the mortgage vs student loan, but either way, advance payments are great when you can do them.

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