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  • FIRST POST
    • debtfreeoneday
    • By debtfreeoneday 9th Jan 15, 1:22 PM
    • 2,719Posts
    • 9,240Thanks
    debtfreeoneday
    Mortgage free by 2023 (!)
    • #1
    • 9th Jan 15, 1:22 PM
    Mortgage free by 2023 (!) 9th Jan 15 at 1:22 PM
    Hello,

    I'm usually found hanging out on the DFW diaries thread as you'll see from my signature we are still tackling debt..

    However, my plan was always to start attacking the mortgage after that, but having just sat down and worked out how much we need to overpay to clear it in time for DH to retire at 65 latest, I think we need to start now!

    I still have to focus on clearing the debt as it's on a slightly higher interest rate, but I don't see any harm in starting to overpay the mortgage a little bit here and there as well. I've found a debt free wannabe diary massively helpful in helping me to focus and curb any unnecessary spending, so here I am!

    I don't expect masses of activity, but every little bit will help!

    We have 14 years left on our mortgage with £118,031.21 left to pay wef today (I just realised I could access this online - will regularly stalk this from now on!) We want it gone by December 2023. We pay £921.60 a month which is effectively my wages - it feels a huge amount as it is, but I know we have to do more.

    Would love some company for the next 9 years!!!
    Last edited by debtfreeoneday; 18-11-2016 at 11:38 AM.
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
Page 93
    • mummytogirls
    • By mummytogirls 16th Apr 17, 1:13 PM
    • 5,312 Posts
    • 15,914 Thanks
    mummytogirls
    Hope you're having a fun packed couple of days DFOD xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £7586.76 - 31/05/17 - 67.25% paid off
    • debtfreeoneday
    • By debtfreeoneday 17th Apr 17, 8:32 PM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    £3.24 OP sent to the mortgage.

    Awesome Easter weekend and in fact awesome Easter hols full stop!

    So nice to know we are not back into the mad rush tomorrow and that home ed starts properly now for all of us!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • Kittenkirst
    • By Kittenkirst 17th Apr 17, 9:12 PM
    • 1,521 Posts
    • 7,717 Thanks
    Kittenkirst
    Enjoy the home ed tomorrow DFOD
    Emergency savings- £3750.96 /£6000
    Mortgage Oct '16- £170.995 LTV- 90% end date Nov 2041
    2016 OPs £255.50/£150
    2017 MFW #20 - OP £1743.34/ £2150. 81%
    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £120.33 June £279.15 July: £172.36 Aug: £203.24
    • mummytogirls
    • By mummytogirls 18th Apr 17, 10:05 AM
    • 5,312 Posts
    • 15,914 Thanks
    mummytogirls
    Have a great day DFOD and children!! xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £7586.76 - 31/05/17 - 67.25% paid off
    • debtfreeoneday
    • By debtfreeoneday 18th Apr 17, 9:00 PM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    I was actually working today, so it was down to Mr DFOD!

    30p on 1poll tonight, Up to £11.25 on pr0filic and got enough for a £5 am@zon voucher on Ips0s but helpfully they are out of stock!

    Made the dreaded Tax credits call today, but actually got a human at the end of the phone, so it was pretty painless. Await the letter now to see what we get.

    £35 paid out for some monthly HE sessions for the littlies.

    Apart from that, all quiet here at DFOD towers!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • mummytogirls
    • By mummytogirls 20th Apr 17, 2:55 PM
    • 5,312 Posts
    • 15,914 Thanks
    mummytogirls
    Oh I didn't realise that Mr DFOD was doing the home ed too, good on the pair of you for doing it together .

    Fingers crossed for tax credits xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £7586.76 - 31/05/17 - 67.25% paid off
    • debtfreeoneday
    • By debtfreeoneday 20th Apr 17, 2:56 PM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    Ordered some shelf brackets for the kitchen today, got 10% off and free shipping, so cost just over £100. That;ll keep mr DFOD busy for the next month or so now in the kitchen before we need to buy more.

    My potting shed is due today, the paint arrived yesterday, so I'm really hopeful we can spend the weekend building / painting and generally faffing about in it, building extra shelves. Need to get a huge barrel for the side of it as I've bought a rain chain to hang on it.

    £8 sent to the mortgage today, liking getting back to these little OP's again. Once I get the tax credit letter, I'm going to up the payment a bit and continue to make other OP's when I can.

    Had a lovely day so far with the littlies, we've done grammar, maths, handwriting, a tree / leaf study and some artwork based on that and then they did some ironing (their choice!)

    Need to find some inspiration for dinner.
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • debtfreeoneday
    • By debtfreeoneday 21st Apr 17, 7:11 AM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    £16.56 sent to the mortgage, just doing a bit of tidying up of accounts before payday next week.

    Still waiting on tax credits and carers allowance letters.

    £9 from pcone this morning for a product test I did, so pretty chuffed with that. Cat is currently trialling more stuff from Mr T.

    Shed didn't arrive frustratingly, and no update as to why. Hoping it is coming early today as weather is looking good for painting and faffing.

    Other thing on the to do list is to move banks again as I'm a bit restless with the current one. Few niggly things with their app and it's so easy to move, I might as well do it!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • mummytogirls
    • By mummytogirls 21st Apr 17, 2:42 PM
    • 5,312 Posts
    • 15,914 Thanks
    mummytogirls
    Fingers crossed for your shed painting and faffing day!!! xx
    Mummytogirls x

    £23164.32 - 12/12/10
    £7586.76 - 31/05/17 - 67.25% paid off
    • Mickyh-s
    • By Mickyh-s 21st Apr 17, 5:53 PM
    • 25 Posts
    • 72 Thanks
    Mickyh-s
    Me, me - can I join in please?!
    £107,000 and 18 years left to pay but been over paying since October 2016 and hoping to pay it off by the time hubbie is 60 so in 2025!
    • debtfreeoneday
    • By debtfreeoneday 22nd Apr 17, 5:01 PM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    Hi mickyh-s - feel free to join in!

    Shed didn't arrive and to cut a long story short, I've cancelled the order due to rubbish service and ordered a different one today. But need to wait at least another week for delivery! What a pain.

    Lovely weather again today. been outside for most of it.

    £2 on a youg0v survey today so I'm within 75p of payout now!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • Mickyh-s
    • By Mickyh-s 23rd Apr 17, 2:34 PM
    • 25 Posts
    • 72 Thanks
    Mickyh-s
    Thank you!

    It's payday on Tuesday for me so going to try to o/p £700. Will do a car boot sale to get rid of some stuff and the extra cash will help if I start running out of money half way through the month due to o/p-ing so much! Hubbie is in charge of getting our savings up whilst I am in charge of o/p-ing!
    Mortgage start date - April 2013 - £146,098.28
    Balance as of 26th July 2017 - £101, 828.48
    Target - to pay off mortgage by April 2025 - 10 years early!!
    • debtfreeoneday
    • By debtfreeoneday 24th Apr 17, 7:32 AM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    That's a great OP Mickyh-s!!

    What a lovely weekend! Been outside for much of it and got lots done. New shed arriving Saturday, but we are busy Sat and Sun, so hoping for dry weather Monday to erect and paint it!

    A tax credit payment has gone in, but compared to what the calculator told me, it's so far off, it's unreal! I need to wait for the letter I know, but I'm slightly worried about what we've been awarded.

    Apart from that, another week gone, littlies have been out 7 weeks now, I can't believe how fast time is flying.It's strange to have them home all the time, but it's nice. I'm constantly changing and adapting at the moment how we are doing home ed as I discover what works and what doesn't.

    Anyway, that's all from me, off to learn about St George!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • debtfreeoneday
    • By debtfreeoneday 24th Apr 17, 8:04 AM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    £3.72 OP sent to the mortgage.

    So need to buy three outfits for a wedding later this year for all of us! Frustrating that they will probably be worn for one day. Just picked up two from fleabay for DD for £40 which I didn't think was too bad. Just need her outfit for the main day now, though need to do shoes and a cardie to finish off the other outfits.

    £75 sent to CC3 as well!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • debtfreeoneday
    • By debtfreeoneday 25th Apr 17, 7:50 AM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    Had another money wobble this morning when DH's pay went in as mine will be reduced as well though not too bad this month, it's next month we will see it.

    EF up to £360 which is good. Wedding fund up to £370 - reckon it'll be about £1000 in all to get us to this wedding, outfits and hotels and just living whilst we are there. Any tips for saving pennies? Hotels are booked at least, train tickets, we will get 12 weeks before when the cheap ones are released. Also need to pay for the cat / dog to be in kennels/cattery for 5/6 nights.

    Pr0flic up to £12.70, nothing on 1poll yesterday and a few points on ips0s. £3 on p1necone, but all recent rewards from them have gone on refunding two fleabayers I sent the wrong parcels to!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • rasputin_thorpedo
    • By rasputin_thorpedo 25th Apr 17, 4:22 PM
    • 390 Posts
    • 2,670 Thanks
    rasputin_thorpedo
    can anyone look after dog/cat for you?
    NEW SIGNATURE COMING SOON
    • debtfreeoneday
    • By debtfreeoneday 27th Apr 17, 7:15 AM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    Unfortunately not Rasputin! Would feel very cheeky asking the neighbours!

    Mortgage updated at £99,188.51 and 11 years 8 months to go.

    Still waiting for tax credits and carers allowance letters.

    Worked yesterday, nice to have a break, but missed the littlies. Plans for today have gone a bit awry due to the place I was thinking of going only being available to school kids during the week! grrrr - have emailed them to see if they are doing a session for home ed.

    Nothing else much happening here, 50p on y0ugov so I'm within 25p of payout and just got £1.25 on pr0filic.

    Have a great Thursday all!
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • debtfreeoneday
    • By debtfreeoneday 27th Apr 17, 8:57 PM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    Whoop - hit payout on Y0ugov, £50 requested.

    Tax credit letter came and all is well! Carers allowance called as well, need to re submit the application with a changed date, so done that tonight. Weight been lifted with the tax credits!

    Up to £15.20 on pr0filic
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • debtfreeoneday
    • By debtfreeoneday 28th Apr 17, 7:52 AM
    • 2,719 Posts
    • 9,240 Thanks
    debtfreeoneday
    My payday and I've divvied everything up. EF up to £500 which I'm really pleased with.

    £7 OP sent to the mortgage. Haven't updated CC3 figure for a while as we haven't done anything with it, but payments sent today and that will be £1573.87

    Need to sit down and work out a budget now I have the tax credit figure. It was surprising the amount on there reduced to our income, I'll do a estimate with me not working out of interest to see what that looks like.

    Just about to do another survey for Mr T. Planning to maybe go and do a very STRUCTURED (follow list to the letter) shop at Mozzies this weekend as there is 2000 points going for spending £20, but it is always fatal when I do that. Just fancy walking around a supermarket for once. Now we are at home more, I'm also debating whether to do that more often as well to make an informed decision when the delivery saver comes up for renewal later in the year.

    Quiet day today, need to order some spelling and comprehension workbooks from Am@zon as they are working well.
    Last edited by debtfreeoneday; 28-04-2017 at 7:54 AM.
    DFW (08/08) £64,346.53
    CC1 - GONE! ~~~ CC2 - GONE! ~~~ CC3 - £1415.40
    MFW (01/15) £118,031.21 £97,277.82
    • LadyGnome
    • By LadyGnome 28th Apr 17, 2:19 PM
    • 420 Posts
    • 1,538 Thanks
    LadyGnome
    Hi DFOD it looks like things are settling down well. I'm glad the tax credits were confirmed as being correct.


    How are the children adjusting to the new routine?
    Mortgage
    Start Nov 2012 £310,000
    June 2017 £248,590.81 Reduction £61,409.19
    MFW 2017 #42 £2386.30/£3100
    End Oct Sept 2034 but I have a cunning plan...
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