ok lets start this mortgage free journey

letsdothisnow
letsdothisnow Posts: 23 Forumite
edited 27 April 2015 at 9:44PM in Mortgage-free wannabe
Hi all having been a browser since 2007 finally time to start this mortgage free journey! i know i know why didn't i start much sooner.

mortgage 1 £61000 3.99% svr currently paying £443.00 per month overpaying £200.00 per month

mortgage 2 £84000 2.74% svr tracking base rate paying per month £710.00

any help support guidance welcome, feels really good just starting this thread just need to stay focused and keep my eyes on the prize:D
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Comments

  • sammy70
    sammy70 Posts: 963 Forumite
    First Anniversary Combo Breaker First Post Mortgage-free Glee!
    Good luck, i must warn you, its addictive!

    X Sammy x
    current official end date of mortgage= 2037-aiming for 2030. mortgage balance start of challenge- 25/11/2016 £245,695 mortgage balance 01/04/24 - £133,477.09. 2024 challenge- get mortgage balance to £115,000 by xmas eve 2024, and a years outgoings in premium bonds again
    Make £13,968.47 in overpayments in 2024,save £15,000 for water system
  • letsdothisnow
    letsdothisnow Posts: 23 Forumite
    mortgage 1 £60705.86
  • letsdothisnow
    letsdothisnow Posts: 23 Forumite
    letsdothisnow wrote: »
    mortgage 1 £60705.86

    its a start at least:rotfl::rotfl::T
  • gallygirl
    gallygirl Posts: 17,228 Forumite
    Name Dropper First Anniversary First Post Mortgage-free Glee!
    letsdothisnow wrote: »
    mortgage 1 £60705.86
    letsdothisnow wrote: »
    its a start at least:rotfl::rotfl::T
    Don't diss it - it's a whole thousand bracket lower - these things matter you know :j.

    Don't suppose #2 is £83,999 is it ;).
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • katiegizmo
    katiegizmo Posts: 178 Forumite
    Just want to say hello and you're making a great start!
    Will subscribe to your thread as your mortgage total is just a bit lower than mine so I feel I can relate xx
    MFW 2015 so far..... £1808.70
    :) 2014 - £1451 2013 - £1600 2012 - £4145 2011 - £5715 2010 - £3258:)
    Big new mortgage from 2017 :shocked:

  • letsdothisnow
    letsdothisnow Posts: 23 Forumite
    gallygirl wrote: »
    Don't diss it - it's a whole thousand bracket lower - these things matter you know :j.

    true true:)
  • letsdothisnow
    letsdothisnow Posts: 23 Forumite
    mortgage 1 £60197.89 next over payment will see me rip through the £60000 barrier feeling good;). easy to keep tabs on mortgage 1 as its with the Halifax which have online facility unlike mortgage 2:(.

    Really keeping me focused this money saving lark and all you mfw.

    Stay safe

    Letsdothisnow
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Name Dropper Photogenic First Anniversary First Post
    See if you can eek out a little saving from somewhere in the budget. You've started the ball rolling and every little bit will accelerate you towards the goal.
  • letsdothisnow
    letsdothisnow Posts: 23 Forumite
    down to £57800,,, this site and you guys are really keeping me focused

    steady away :)
  • letsdothisnow
    letsdothisnow Posts: 23 Forumite
    interest bump £57995 :(
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