We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mortgage free three year challenge...
Comments
-
OK folks.
My original "aim" was go get something up and running between the June chart and the September chart to ensure there's not too much overlap (management of challenges).
Had a bit of a play with Google spreadsheets and despite the restriction of one form per sheet, I've managed to set it up with multiple pages and some conditional logic, which appears to be working well.
A broad sweep of this MFW sub-forum shows there's three main objective types going on:- Completely clear mortgage
- Reduce mortgage
- Build up savings
I've pulled these challengers out of this thread:
mortgagenomore
Trying to be good
newgirly
sweetdaisy
Lomcevak
gallygirl
abouttimetoo
tattycath
greent
themadvix
elantan
littlefred169
mfwin2019
theyorkbrood
trevorsminted
Alion
hoobydoobydoo
spidystrider
taka
brizzledfw
bungrefurb
Maybe_its_because
llydaw
Tilly MFW in 6 YRS
MuffinTops
Spiggle
misswissy
Anna Glypta
tjp70
Mortgage Reduction Novice
Exarmydreamer
foxblade
megela
who I'll try and PM once the challenge is up and running.
You'll need to register for yourself - posting in this thread doesn't automatically guarantee a place in the challenge as you need to set an objective.
As per previous challenges, you will be allocated a number which helps in the administration. Can't guarantee that you will end up with the same number as in previous challenges.
Oh, and I'm going to include myself in the challenge with the aim of building up some savings, as I expect to be mortgage free soon. Hope that's ok.
I'm hoping to start a new thread for the third version of the three year challenge in the next few days.
Thanks,
Financial Bliss.Mortgage and debt free. Building up savings...0 -
Thank you, this is much appreciated.MFW 67 - Finally mortgage free! 💙😁0
-
Pretty please can I join - I promise to try and do better than the last one
- will have to think hard about the target as getting our house ready for sale and trying to downsize the mortgage a bit hopefully but as we are moving to a more expensive area that is proving tricky :eek:
DTxx0 -
My name is on the list!!! Yay! I'm definitely in this one as the timing works out perfectly with my mortgage free aim!!! Thank you.0
-
Thank you for arranging this FinancialBliss.0
-
Hiya,
Can't see myself on the list - I did post but how do I register?
Thanks for organising this challenge.
MegelaRe-mortgaged 20/04/12 MTiT-T3 No.7Start balance £89611.10 + £22500 = £112111.10/Current balance £85436.53
Original Mortgage Free Date April 2032
Target Mortgage Free Date July 2022/Currently August 2029 (based on no offset)
Total overpayments from 20/04/12: £8152.950 -
Thanks FB- I'm so looking forward to clearing more of our mortgage in this new challenge!!!GE 36 *MFD may 2043
MFIT-T5 #60 £136,850.30
Mortgage overpayments 2019 - £285.96
2020 Jan-£40-feb-£18.28.march-£25
Christmas savings card 2020 £20/£100
Emergency savings £100/£500
12/3/17 175lb - 06/11/2019 152lb0 -
Thanks FB - looking forward to clearing our mortgage (hopefully!) in the next challengeI am the master of my fate; I am the captain of my soulRepaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NILNet sales 2024: £200
-
Hi FB, please can I register for this challenge? I would very much like to join, seems a fantastic way to keep motivated.
Away to investigate potential financial targets now!
Cheers!Mortgage debt : -£17,000
2019 overpayments : £23,0000 -
Thanks FB, I'm grateful that you're doing another 3 year challenge, as this one has really pushed me to overpay some big chunks off my mortgage. I'm looking forward to the next 3 yearsMortgage Free in 3-T2 : Started at £151,000 Nov. 2009 Mortgage Free Oct 1st 2015
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards