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  • FIRST POST
    • Firegirl
    • By Firegirl 12th May 15, 8:29 AM
    • 722Posts
    • 2,897Thanks
    Firegirl
    FIRE Through The Mortgage - MF by 55 - LATEST
    • #1
    • 12th May 15, 8:29 AM
    FIRE Through The Mortgage - MF by 55 - LATEST 12th May 15 at 8:29 AM
    Hi Everyone,

    I've started a brand new diary!!!! I have decided I want to recalc my figures in line with retiring by 55.

    I'll keep you in suspense for now but I'll pop back later with some figures.

    19 Years - MF at 55
    May Year - Remaining debt
    May 2015 - £239,992
    May 2016 - £228,450
    May 2017 - £216,793
    May 2018 - £205,020
    May 2019 - £193,132
    May 2020 - £181,125
    May 2021 - £169,000
    May 2022 - £156, 754
    May 2023 - £144,388
    May 2024 - £131,898
    May 2025 - £119,286
    May 2026 - £106,548
    May 2027 - £93,684
    May 2028 - £80,693
    May 2029 - £67,574
    May 2030 - £54,324
    May 2031 - £40,943
    May 2032 - £27,430
    May 2033 - £13,783
    May 2034 - £0
    Last edited by Firegirl; 12-05-2015 at 10:21 AM. Reason: Adding Detail
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022
    Current Mortgage Balance £197, 495
    Target for May 2018 - Somewhere inbetween 2 figures below!!
    19 Year Target Balance MF55= £205, 020
    14 Year Target Balance MF50= £191, 314
Page 20
    • greent
    • By greent 5th Oct 17, 8:27 AM
    • 6,513 Posts
    • 65,720 Thanks
    greent
    0% finance sounds like a good proposition to me!
    x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) Bal 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    Next: BTL Mtge 12/16 £69786. 2017 OPs (#18) £5278/£3286
    Net sales 2017 £1445.57/£500 PAYDOX17 £12239/£10k Decluttered 1870/2017 items
    • Firegirl
    • By Firegirl 6th Oct 17, 10:24 PM
    • 722 Posts
    • 2,897 Thanks
    Firegirl
    Gutted that I donít think my credit card will be through in time for buying my new car on Monday!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022
    Current Mortgage Balance £197, 495
    Target for May 2018 - Somewhere inbetween 2 figures below!!
    19 Year Target Balance MF55= £205, 020
    14 Year Target Balance MF50= £191, 314
    • Karmacat
    • By Karmacat 8th Oct 17, 9:58 AM
    • 28,180 Posts
    • 155,270 Thanks
    Karmacat
    Oh no! Hope you can find your way through, to get the car you want.
    Retired August 2016
    • Firegirl
    • By Firegirl 16th Oct 17, 8:48 PM
    • 722 Posts
    • 2,897 Thanks
    Firegirl
    So I have spent a fortune the last few weeks but car purchase complete and also holiday booked for 2018. Also a lot of silly things I’d been meaning to buy for ages bought in the range home store!

    Now to pull in the reigns!!!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022
    Current Mortgage Balance £197, 495
    Target for May 2018 - Somewhere inbetween 2 figures below!!
    19 Year Target Balance MF55= £205, 020
    14 Year Target Balance MF50= £191, 314
    • Firegirl
    • By Firegirl 16th Oct 17, 8:50 PM
    • 722 Posts
    • 2,897 Thanks
    Firegirl
    Mortgage now £198729
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022
    Current Mortgage Balance £197, 495
    Target for May 2018 - Somewhere inbetween 2 figures below!!
    19 Year Target Balance MF55= £205, 020
    14 Year Target Balance MF50= £191, 314
    • Firegirl
    • By Firegirl 17th Oct 17, 10:02 PM
    • 722 Posts
    • 2,897 Thanks
    Firegirl
    So I’ve managed to curb spending again now. I’m getting back to being thrifty again! I’ve sorted a lot of boring buys and they are out of the way. Seriously funny items that I’ve been avoiding buying, oven gloves, tin opener, wood paint, sandpaper, corn on the cob spike things and tea towels!

    Got all that on Sunday and Monday/Tuesday have been low spend days!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022
    Current Mortgage Balance £197, 495
    Target for May 2018 - Somewhere inbetween 2 figures below!!
    19 Year Target Balance MF55= £205, 020
    14 Year Target Balance MF50= £191, 314
    • sleepygirl126
    • By sleepygirl126 18th Oct 17, 8:48 AM
    • 278 Posts
    • 626 Thanks
    sleepygirl126
    I love the Range! You can get all sorts of fab stuff there..
    I've been religiously paying off our 2018 holiday...it gives me something to aim for!!! I've just caught up on your last few days diary too
    Original mortgage £154,850 (2013)
    Mortgage now £148,370.15

    Original savings £0 (2013)
    Savings now £3000 in ISA and premium bonds
    £60 in mini savings pot, £600 in Xmas vouchers
    • Firegirl
    • By Firegirl 22nd Oct 17, 10:32 PM
    • 722 Posts
    • 2,897 Thanks
    Firegirl
    Thanks for popping by sleepy girl! I need to call time on spending now that I’ve the main things done I needed so now I have to stop lunches and coffees! It’s just so hard!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022
    Current Mortgage Balance £197, 495
    Target for May 2018 - Somewhere inbetween 2 figures below!!
    19 Year Target Balance MF55= £205, 020
    14 Year Target Balance MF50= £191, 314
    • Firegirl
    • By Firegirl 8th Nov 17, 3:42 AM
    • 722 Posts
    • 2,897 Thanks
    Firegirl
    Signed up for shopmium and got a free chocolate bar!!!

    If you sign up use my referral code pu7hi and you’ll get a free choc bar!

    https://www.shopmium.com/uk/referral/pu7hi

    Shopmium by Shopmium
    https://itunes.apple.com/gb/app/shopmium/id453007855?mt=8

    Some good offers but careful not to buy something you wouldn’t usually buy!
    Last edited by Firegirl; 08-11-2017 at 3:44 AM.
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022
    Current Mortgage Balance £197, 495
    Target for May 2018 - Somewhere inbetween 2 figures below!!
    19 Year Target Balance MF55= £205, 020
    14 Year Target Balance MF50= £191, 314
    • Firegirl
    • By Firegirl 8th Nov 17, 10:33 PM
    • 722 Posts
    • 2,897 Thanks
    Firegirl
    Work is so stressful but another step closer to the mortgage free dream! Every day a step closer!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022
    Current Mortgage Balance £197, 495
    Target for May 2018 - Somewhere inbetween 2 figures below!!
    19 Year Target Balance MF55= £205, 020
    14 Year Target Balance MF50= £191, 314
    • Firegirl
    • By Firegirl 3rd Dec 17, 12:13 PM
    • 722 Posts
    • 2,897 Thanks
    Firegirl
    £197 495!!!! Creeping away from the £200000 mark! Reworking things now because I’m going to put more into a pension rather than the mortgage because it makes more sense in the long term! I’ll update when it’s all set up and I think my figures will change.
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022
    Current Mortgage Balance £197, 495
    Target for May 2018 - Somewhere inbetween 2 figures below!!
    19 Year Target Balance MF55= £205, 020
    14 Year Target Balance MF50= £191, 314
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