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RosieTiger MFI5 Challenge
Comments
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Welldone RosieTiger!0
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Very encouraging rosie.
Deffo think this is the way I wanna go.
Have had a few 'rough' years at work, and have always felt tied due to a mortgage hanging over my head. I have been re-thinking recently and reckon if I was mortgage free then a lot less would do me, and if need be I could tell them to stick their job, and then do something more enjoyable even if it means working for less money.
Going to see the A&L advisor today. Won't get new mortgage sorted before I move to SVA in April. But need to see projections from their flexible mortgage so I can decide if if wanna jump ship to an offset bank account with someone else. Currently, all our eggs are in the A&L basket
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so how did you get on DerrymilkRosieTiger - Highest £242,000 Feb 2004 :mad:
Lightbulb Dec 2008 £146,000 by March 2026:eek:
MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
Current Position-Fully off set by savings since March 20130 -
Took our change jar, a large plastic container like they have in traditional sweet shops, and gave it to Comic Relief.
Maybe it's £50 quid or so that could have gone to the mortgage but hey what the hell !RosieTiger - Highest £242,000 Feb 2004 :mad:
Lightbulb Dec 2008 £146,000 by March 2026:eek:
MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
Current Position-Fully off set by savings since March 20130 -
RosieTiger wrote: »Took our change jar, a large plastic container like they have in traditional sweet shops, and gave it to Comic Relief.
Maybe it's £50 quid or so that could have gone to the mortgage but hey what the hell !
:T:T Good for you :T:T0 -
Latest rate reduction letter arrived from C&G today bringing rate down to 1.08% and worth just over £38 pound. I have rounded the overpayment up again another £50 starting next month.
My spreadsheet says this is worth 2 months earlier completion at current OP rates !RosieTiger - Highest £242,000 Feb 2004 :mad:
Lightbulb Dec 2008 £146,000 by March 2026:eek:
MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
Current Position-Fully off set by savings since March 20130 -
Bonus payments from work in - paid an additional £5,000 on top of the £1,150 regular OP for March.
Lenders figure was £200 less than my spreadsheet.
Expect to go below £130 in April !RosieTiger - Highest £242,000 Feb 2004 :mad:
Lightbulb Dec 2008 £146,000 by March 2026:eek:
MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
Current Position-Fully off set by savings since March 20130 -
RosieTiger wrote: »Bonus payments from work in - paid an additional £5,000 on top of the £1,150 regular OP for March.
Lenders figure was £200 less than my spreadsheet.
Expect to go below £130 in April !
well done on that :T:T 0 -
Wow that's great!Currently studying for a Diploma - wish me luck
Phase 1 - Emergency Fund - Complete :j
Phase 2 - £20,000 Mortgage Fund - Underway0 -
Hi RosieTiger
Well done again on what you have done, I don't read for a while and you're racing towards the finish
On the Comic Relief money, what a truely generous gift, maybe you could have paid it to your mortgage but you have now SAVED 10 peoples lives in Africa from Malaria :AMortgage Aug 12 £165K, Aug 19 £0
ISA challenge start 2019 £3000/£1500 (50%)0
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