We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

what the average age of ppl on this site paying off there mortgage

Options
13468913

Comments

  • michaels
    michaels Posts: 29,104 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Hmm - mine is now 100% offset so I guess paid it all off in the 8 years I have had the house including 30k spent on improvements. I'm 38 now. Unfortunately I need to move somewhere bigger so it will be back to square one plus as we all know the 'compound' bit means that having a mortgage will cost me a lot of interest whereas recently all has been capital :(
    I think....
  • debidoodle
    debidoodle Posts: 1,152 Forumite
    Hubby and I have just finished ours. I am 48 and hubby is 51, it is a lovely feeling now need to start saving to help DD on the property ladder.
  • I'm 31 and my hubby is 25. I called the mortgage company yesterday to start overpaying by £80. Hope to be mortgage free by 40, a bit ambitious maybe but it's a start.Probably the most sensible thing I've ever done...
    Thanks to all competiton posters, This really is the best ever hobby :j
  • I am 38 and have about a year left on the mortgage, if all goes to plan. We still have a good life though and manage a couple of foreign holidays each year, we just watch what we spend in other areas.

    Well done all!
  • Used to be around 54 but because of the last 4 years has increased slightly to 117.
  • I'm 35 and OH is 42 and we have been mortgage free for a couple of months now over 10 years early so very pleased especially now with all the worries some friends seem to be having even making their minimum payments :(
    Original Mortgage £68,000
    Current Mortgage £ nil!!
    Est Mortgage free date [strike]Oct[/strike][strike]AUG[/strike] [strike]NOV 2008[/strike]oct 2008 We're FREEEEEEEEEE!
    11 years & 11 months Early:j
    Get planting! The better the grower, the shopping gets lower!!!:T :D
  • DON79
    DON79 Posts: 3,842 Forumite
    only actually started our mortgage just over two and a half yrs ago, I am 29 and my OH is 42. We have 23 yrs to go :eek: making my OH 65 and me 54 :eek:

    but we started late, got married, had two kids, bought house all in space of 3 years! :eek:

    Feeling old and behind with things now that so many people seem to have theirs paid off already!
    BSC #215/No.1 Jan 09 Club
  • DON79 wrote: »
    only actually started our mortgage just over two and a half yrs ago, I am 29 and my OH is 42. We have 23 yrs to go :eek: making my OH 65 and me 54 :eek:

    but we started late, got married, had two kids, bought house all in space of 3 years! :eek:

    Feeling old and behind with things now that so many people seem to have theirs paid off already!

    Should we start a club? ;)
  • abby1234519
    abby1234519 Posts: 1,961 Forumite
    I'm 19 OH is 28, we intend to pay it off in 8 years maximum and then save up for a deposit on a new house and then rent this one and then maybe get another btl! ITS MY DREAM
    Money money money.

    Debt
    Dec 2016: [STRIKE]£25,158.71[/STRIKE] £21,999.99

    #28 Pay off debt in 2017 £3803.55
  • I'm 42, DH 43. we are looking to be mortgage free by the time I am 48. This is 10 years earlier than the original term of the mortgage.
    Mortgage free in 2014 :beer:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.