Mortgage Update

Sold all my ESPP(Employee Stock Purchase Plan) and ESOP(Employee Stock Option Plan).

This is my first time in a decade that I have been able to cash-in(about $500) from my ESOP. All the other times, stock was 'under-water'.

Note: If your are laid off or your employment terminated then you generally have 90 days to sell any of the shares that have become 'vested.

Selling my ESPP and ESOP will net me about $3000(but I would have to pay taxes on ESPP come year 2010)

Am putting all these into my Mortgage at the end of this month but the August 2010 payoff date looks unlikely(without a huge bonus from work and tax refund) so far.

With $3000 into my mortgage every month going forward, here is the pay-down scenario:

I would still be short by 10k at the end of 2010 and am counting on healthy bonus and a tax refund(if any) in early 2010.