In January 2012, our congregation determined to
pay off our mortgage by 2022. Since then, we have significantly reduced the
balance on the mortgage, moving from $1.1 millions to $550,000. We accomplished this by paying an extra $1,000 on the
principle each month and with a “13th payment”. Each year
congregation members have given for an additional mortgage payment ($8,723). We
continue to exceed our annual goal. We give thanks to God for the generosity of
the congregation. We are on track to reach our debt retirement goal or even
surpass it.
We have
designated August and September as 13th payment months. We give
thanks for those who have contributed to the 13th payment in the
past and hope that you will continue this generous practice. We are also
thankful for those who will prayerfully consider being part of this special
giving for the first time. It is our goal to reach $8,723 in 13th
mortgage payment giving by the end of September.
All gifts
given to this special project benefit our ministry today and are a gift to
future generations. When reduced interest costs are calculated, every $100
given for debt retirement is like giving approximately $128.
Participating
in making the 13th payment is saying “yes” to the future ministry of
First United Methodist Church. You are invited to mark your gifts, “Mortgage”.
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