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

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  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,296 Forumite
    First Anniversary Name Dropper Photogenic First Post
    Suffolk_lass wrote: »
    Well, we are off on Hols Thursday and I won't be paying anything else off this month so I have submitted my first chart update form a few days early (due 25th March).

    Not a great start but March is always awful as we have a huge house insurance premium of over £1400 to pay. Nightmare but we cannot use the normal comparison sites as most don't do thatched properties.

    Hopefully things will pick up a bit over the next quarter but I want to get my emergency fund up to £10k before overpaying the mortgage, so maybe not. Touch and go whether we can.

    Good luck everyone, some really impressive posts!

    SL

    Hi SL
    You've still got another month :D Updates are April, July,Oct and Jan - all the 25th :j
    Have a lovely time :)
    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
  • tattycath
    tattycath Posts: 7,175 Forumite
    First Anniversary First Post
    A_Frayed_Knot wrote: »
    Hi SL
    You've still got another month :D Updates are April, July,Oct and Jan - all the 25th :j
    Have a lovely time :)

    Ok I am seriously starting to worry about myself now. :o
    I read this post and I'm so excited that I have another month to make more overpayments before the update! :j :j :j
    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
  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,296 Forumite
    First Anniversary Name Dropper Photogenic First Post
    tattycath wrote: »
    Ok I am seriously starting to worry about myself now. :o
    I read this post and I'm so excited that I have another month to make more overpayments before the update! :j :j :j


    Unless your going away for a month :j:j:j
    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
  • tattycath
    tattycath Posts: 7,175 Forumite
    First Anniversary First Post
    A_Frayed_Knot wrote: »
    Unless your going away for a month :j:j:j

    If only! Chance would be a fine thing! :)
    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
  • taka
    taka Posts: 3,483 Forumite
    Photogenic Name Dropper First Anniversary First Post
    I'm so sorry for going awol and not submitting my challenge amounts and starting balance on time. :o I was made redundant several weeks ago and have still not managed to find another job so means I have no idea how realistic my challenge plans are but I'll give it a go.:p My challenge is to...

    Reduce my mortgage from £24,277.58 to £12,000. :money:

    It will be 25 years since I took out my 1st mortgage in summer 2019 and I would have loved to be mortgage free by then. Hopefully I can beat my £12k aim but we'll have to wait and see what happens... :)
    Mortgage free as of 12/08/20!
    MFiT-5 no 45
    You can't fly with one foot on the ground!
  • tattycath
    tattycath Posts: 7,175 Forumite
    First Anniversary First Post
    taka wrote: »
    I'm so sorry for going awol and not submitting my challenge amounts and starting balance on time. :o I was made redundant several weeks ago and have still not managed to find another job so means I have no idea how realistic my challenge plans are but I'll give it a go.:p My challenge is to...

    Reduce my mortgage from £24,277.58 to £12,000. :money:

    It will be 25 years since I took out my 1st mortgage in summer 2019 and I would have loved to be mortgage free by then. Hopefully I can beat my £12k aim but we'll have to wait and see what happens... :)

    I'm really sorry you were made redundant. I hope you find something soon taka.
    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
  • trix-a-belle
    trix-a-belle Posts: 1,480 Forumite
    First Anniversary Name Dropper First Post Mortgage-free Glee!
    edited 20 March 2016 at 10:34AM
    taka
    sorry to hear about the job, fingers crossed for you finding something new. it may not be the path you had intended to mortgage free but you know the path.

    tattycath
    i've added your diary link

    diamondsonly
    i've revised your target but please can you check and confirm with a form submission.

    those who have submitted chart 1 updates, as has already been highlighted its now jan, april, july, oct for updates, i'll hold off inputting anything until we are closer to the chart date incase people make any more payments after their march pay day & want to put another form through.

    my path is wobbling a little as i've made some extra spending on a short barcelona break to visit a friend, a few other treats more than usual & am likely to be changing my car before the end of the year but I am also systematically sorting out the house in an effort to list things on gumtree and make some extra cash from my no longer wanted or neededitems.
    - 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
    edited 20 March 2016 at 4:06PM
    Thank you trix-a-belle :)
    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
  • taka
    taka Posts: 3,483 Forumite
    Photogenic Name Dropper First Anniversary First Post
    Thank you both for the kind thoughts. :) Got an interview soon so keep everything crossed!
    Mortgage free as of 12/08/20!
    MFiT-5 no 45
    You can't fly with one foot on the ground!
  • Suffolk_lass
    Suffolk_lass Posts: 9,332 Forumite
    First Anniversary Name Dropper Photogenic First Post
    A_Frayed_Knot wrote: »
    Hi SL
    You've still got another month :D Updates are April, July,Oct and Jan - all the 25th :j
    Have a lovely time :)

    Oh dear, no hope is there! I was going by the periods of the last challenge which I did not change as a recurring three month reminder. I will send an updated one next month.

    Thanks AFK
    SL
    Save £12k in 2024 - #2 target is £5000 only £798.34 so far
    OS Grocery Challenge 2024 25.04% spent or £754.10/£3,000 annual
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
    My Debt Free Diary Get a grip Woman
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