The Mortgage Free in Three - Take 4 challenge (MFiT-T4)

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  • trix-a-belle
    trix-a-belle Posts: 1,480 Forumite
    First Anniversary Name Dropper First Post Mortgage-free Glee!
    and so in a flash July has come round which means Chart 2 this month!
    I look forward to lots of The MFiT-T4 form's coming through soon :)

    My update may look rather squiffy this month as i'm buying a new car but haven't managed to sell my old one yet which will replace the deposit money and give me an extra upwards boost to earn some more interest.
    Anyone interested in buying it? lol
    - Mortgage: 1st one down, 2nd also busted
    - Student Loan gone
    Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps
  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,296 Forumite
    First Anniversary Name Dropper Photogenic First Post
    trix-a-belle wrote: »
    and so in a flash July has come round which means Chart 2 this month!
    I look forward to lots of The MFiT-T4 form's coming through soon :)

    My update may look rather squiffy this month as i'm buying a new car but haven't managed to sell my old one yet which will replace the deposit money and give me an extra upwards boost to earn some more interest.
    Anyone interested in buying it? lol


    And before we know it, it's Christmas :rotfl:
    while we're on the subject of replenishing funds, anyone want to buy a 3 bed house in a lovely part with views of a loch :p :rotfl:would make a lovely holiday home :D
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
  • mrsp1987
    mrsp1987 Posts: 815 Forumite
    First Anniversary First Post Wedding Day Wonder Cashback Cashier
    I may possibly be able to make another £500 payment this month so will hold off on my update as long as feasibly possible.
  • shangaijimmy
    shangaijimmy Posts: 3,796 Forumite
    Name Dropper First Anniversary First Post
    #8 has reported in for chart 2 via the google update form.

    Balance of £118,773.74 - Hoping to remain in green!
    MFW: Was: £136,000.......Now: £61,892.24......
    Mortgage Neutral Deficit: £43,082.90... Mortgage Neutral Savings: £18,809.34
    MFiT-T6 #13 - £3,517 of £15,500 (22.69%)
    1% Mortgage Challenge 2022 - £157.59 of £650
  • Mrs_Money_Penny
    Mrs_Money_Penny Posts: 1,208 Forumite
    Name Dropper First Post Photogenic First Anniversary
    Just updated many thanks x
    2024 Decluttering 3273 ⭐️⭐️⭐️
  • mrsp1987
    mrsp1987 Posts: 815 Forumite
    First Anniversary First Post Wedding Day Wonder Cashback Cashier
    What's the latest date I can update?
  • Anagran
    Anagran Posts: 178 Forumite
    First Anniversary First Post Combo Breaker
    edited 5 July 2016 at 6:17PM
    Can I ask how people are working out their current mortgage balance? I think I made a mess of mine on the last chart as when I look back I cant see where I got the figure from and have now totally confused myself!

    Thanks!

    Edit - I found a link on here to a spreadsheet which has helped get me sorted (I think!). Update in for July. I will be in red as unable to overpay at the moment after changing jobs, moving house etc, but hopefully will be able to start making progress soon.
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 298 Forumite
    First Anniversary Name Dropper First Post
    # 59 with the latest update.....

    Those last three months went quick!

    Mortgage balance - £228,493.52

    Hope I'm in the green or thereabouts this time!

    Thanks trix-a-belle

    MM
    x
    O'Payments:2016 - £3641.262017 - £7779.282018 - £11,515.16MFiT-T4 # 59 - reduce mtg to £195,000; MFit-T5 - reduce mtg to £140,000Mortgage:01/2/2015 - £243,75031/12/15 - £235,906.7131/12/16 - £224,120.9831/12/17 - £210,224.0631/12/18 - £190,821.21Mortgage today £140,788
  • trix-a-belle
    trix-a-belle Posts: 1,480 Forumite
    First Anniversary Name Dropper First Post Mortgage-free Glee!
    mrsp1987 wrote: »
    What's the latest date I can update?

    ideally the 24th mrsp but if you can't until after then i will fill it in when i next go into the spreadsheet & see your form submission
    - Mortgage: 1st one down, 2nd also busted
    - Student Loan gone
    Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps
  • tattycath
    tattycath Posts: 7,175 Forumite
    First Anniversary First Post
    I'm holding off with my update as I am frantically trying to pay more off. If I don't manage it I think I may be in the yellow, if not red. :(
    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 152lb
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