Le cochon returns - we’re back!
PoppyOscar_2
Posts: 2 Newbie
So after an absence of several years we are back!
We are now in a position to start to overpay again and I have DH properly on board at last.
We moved into our current house in January 2011 and started making some regular repayments a couple of years ago and those are now £500 a month. We are also throwing anything additional at it that we can too.
Today it stands at £62752.21 but that doesn’t take into account £260 I have paid in this weekend. Our interest rate is 2.55% and it’s a tracker so no penalties.
Ideally we would like it paid off before we are 60 so that gives us just under 3 years. Then I can think about retiring!
I will try to find my two old threads and fill you in a bit on my story since the last time too.
Feeling determined and happy to be back! :j
We are now in a position to start to overpay again and I have DH properly on board at last.
We moved into our current house in January 2011 and started making some regular repayments a couple of years ago and those are now £500 a month. We are also throwing anything additional at it that we can too.
Today it stands at £62752.21 but that doesn’t take into account £260 I have paid in this weekend. Our interest rate is 2.55% and it’s a tracker so no penalties.
Ideally we would like it paid off before we are 60 so that gives us just under 3 years. Then I can think about retiring!
I will try to find my two old threads and fill you in a bit on my story since the last time too.
Feeling determined and happy to be back! :j
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Comments
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Wow! I used to always read your previous diaries! Welcome back and good luck with this adventure.Original mortgage 185k. 2003
Current mortgage. 65k Jan 2020
OP £321/month-Aiming to finish August 2025 instead of October 2028 (whilst keeping the 4 dependents fed,watered,clothed,sheltered and paying for school/activities paraphernalia):rotfl:0 -
Welcome back poppy oscar and le cochon
I remember reading your previous diaries and will read this one too! Best of luck..... 2022 MFW 67 - 33 month challenge to clear mortgage, month 17 completed and and extra 2 knocked off 🙂MFI3 No.120 -
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Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
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***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Welcome back PO - I remember 'le cochon'!
xI 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 -
Great to see you back, I returned too and am aiming to have all mine paid off by my 61st birthday. Race you!0
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Hey, welcome back! There's lots of us returning at the moment it seems - I've just had a long hiatus too.
Best of luck with the plans - will be following!A reminder to myself: Persistence Pays Off
:idea: :rotfl:
Mortgage 1: [STRIKE]£95,000[/STRIKE] £78,900 at 3.1%
Mortgage 2 (BTL): £83, 489.15 at 2.99% (I.O.)
Savings (S&S ISA): £3000 Plus 6 months emergency savings earning 3%0 -
Just overpaid a little £25 - it all adds up. Hope to add more at the end of the month.
So, since I was last here life!!!8217;s been good. I am finally married to the right man - such a sweetheartt. We have a nice life and I count myself very lucky. I no longer chop up chipolatas angrily. I have been promoted a couple of times and dh is on a good salary too. We could probably op much more than we are but dh works away from home so treat ourselves to a nice holiday every summer - usually somewhere hot with palm trees and cocktails.
As I said the aim is to pay it off by the time we are 60 - January and February 2021. I have a spreadsheet. I love a spreadsheet! I think I am the driving force but dh has made some surprise random payments which delights me - quite big ones in the scheme of things. Happy days!
The other drain on our money is our house - we are getting to the final part of doing it up - mostly cosmetic but some big cosmetic stuff like redoing the render..... Hopefully will be finished by the May bank holiday week.
Hello to my old acquaintances - I am glad I am not the only one who fell off the wagon, and I am very happy to have your company now I!!!8217;m back on the journey!0
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