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    • Cherry Burton
    • By Cherry Burton 15th Sep 16, 8:34 PM
    • 64Posts
    • 330Thanks
    Cherry Burton
    Mortgage Free in 30 months
    • #1
    • 15th Sep 16, 8:34 PM
    Mortgage Free in 30 months 15th Sep 16 at 8:34 PM

    After dealing with £8200 of unsecured debt and saving an emergency fund of 6 months I am ready to go hard core on the mortgage. I have less than £30k to go and I want to have it all paid off in 30 months.

    I've obtained a secure job after too many years of temporary and contract work. At last. I've been able to work on improving my financial situation. I can't wait to pay off the mortgage to feel the security of having a fully paid for home that no one can take off me.

    I hope it all goes well and I stay in work and healthy until the mortgage is nothing but a nasty memory. My plan is to pay £1000 per month which should more that cover both the principal and the interest.

    Debt 08/14 - £8200
    Mortgage 1/1/14 approx £50,000, 1/8/16 £31,269 1/9/16 27500
    Mortgage 3/10/16 £25842
Page 2
    • Kittenkirst
    • By Kittenkirst 17th Oct 16, 11:03 PM
    • 749 Posts
    • 3,298 Thanks
    Hope the allotments going well Cherry
    First home bought Oct '16.

    Mortgage Oct '16- £170.995 LTV- 90%
    2016 OP target- £150 (cashback!)

    Mortgage end date- Nov '41
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