Contributions to the “Blessed to be a Blessing” capital campaign from mid-December through mid-March have pushed down the mortgage loan balance dramatically!
The mortgage balance when the campaign started in June 2016 was $280,554.82. And before paying toward the mortgage, we first raised $120,000 to replace the roof. Since then, gifts to the campaign have been added to the regular, monthly mortgage payments.
As of March 19, the mortgage loan balance is down to $152,046.48. That’s a reduction of 46% in only nine months!
CHALLENGE: There are nine months left to this year. Can we pay off the mortgage by December 31, 2017? Let’s do it, Lovely Lane!