We have officially paid our first mortgage payment. Here is the breakdown of the $850 that went to the bank:

$145.55 Principal
$276.02 Interest
$249.68 Escrow - Taxes
$ 54.84 Escrow - Homeowner's Insurance
$ 37.87 PMI
$ 43.02 Extra to Principal

If we only pay the extra $43/month for the rest of the mortgage and then take what we're paying towards PMI and apply it to the principal when it's done, we'll pay off our mortgage in summer 2039, in 24 years. Ideally, I'd like to up our extra monthly payments by $150 when my husband gets done with school, which would put us at a 17year pay off. Hmm... wonder if I should make it a goal to figure out how to get it gone by year 15. I'll be in my mid-forties then and my kids would be approaching the end of high school. It'd be really neat to be able to head into their college years with a fully paid off house. Provided that we don't move in that time. Food for thought, yes, lots of food for thought...

First electric and gas bill came in at $95.xx. Includes a partial month of A/C, a lot of power tools, work lights, and other big electric pull things along with holes in the structure letting the A/C out (we did keep it off when we could or weren't home). Hoping it won't bump up too high when we move in now that everything is closed up/insulated properly.

Speaking of moving in, I think that we might be able to move in two to three weekends. If not fully move in, at least all our stored stuff moved. We're getting so close!

I haven't had time to do a run down of how much we've spent so far. The spending has definitely slowed down and I'm finally returning the items we don't need, so that's helping. Still have to get a cheap stove, cheap washer and dryer, and trim (eventually). Then we'll do the roof this fall. I've only had $35.xx paid towards interest so far for all our expenses. Hoping that we can make a strong pay off plan at the end of this month. Husband's school bills aren't going to be as large as I expected either. Crossing my fingers that we'll be able to coast easily through the rest of the year!