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The Mortgage Free in Three - Take 2 challenge (MFiT-T2)

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Comments

  • loopy-juice
    loopy-juice Posts: 150 Forumite
    the thankyou message at the bottom of the post. whats that all about? i ask a question and i got three thank yous? strange....
    12/12/12 Lets party!
    :beer:
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Toyota yeah?

    My mate drove past me the other day in a Toyota and I shouted to him, 'allright Jim'?

    He wound down his window and shouted back 'allright loopy, sorry mate, can't stop........'

    LOL :rotfl:
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    is update spreadsheet--available to look at FB

    thx
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • KazLA
    KazLA Posts: 210 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I'm sorry, but I have made the decision to leave this challenge.

    I have so far achieved what I wanted to, by saving £91 since the start from my Avon profit. If my husband was to match this, I would have achieved my target of £50 a month.

    Unfortuately he's not in a position to do so and won't be in the near future, and I don't want to do it on my own. I will carry on saving and see where we go, but despite liking the idea of paying off some of the mortgage, without the support and determination being matched by husband, it's not going to happen!

    Well done for all the hard work setting it up, and good luck to you all!

    Karen.
  • loopy-juice
    loopy-juice Posts: 150 Forumite
    KazLA wrote: »
    I'm sorry, but I have made the decision to leave this challenge.

    I have so far achieved what I wanted to, by saving £91 since the start from my Avon profit. If my husband was to match this, I would have achieved my target of £50 a month.

    Unfortuately he's not in a position to do so and won't be in the near future, and I don't want to do it on my own. I will carry on saving and see where we go, but despite liking the idea of paying off some of the mortgage, without the support and determination being matched by husband, it's not going to happen!

    Well done for all the hard work setting it up, and good luck to you all!

    Karen.

    Respect to you Karen. All the best.
    12/12/12 Lets party!
    :beer:
  • mfwin2019
    mfwin2019 Posts: 150 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hi

    Posted totals yesterday on google docs

    Started at £181869
    Now at £180596

    I have repaid 4.9% of target but always knew I wouldn't really kick into repayments until year 2 because of overrunning building work.

    So actually feeling quite pleased as this has been achieved by the normal monthly repayments only.

    I am thinking I really want balance to go down quickly now, so may take £1000 or so from savings to make me feel better about the mortgage balance. I will wait until the end of the first quarter & keep reading all of the fantastic balances you are all posting & then make a decision.

    Keep it up everyone - I cannot wait to see the first chart.
    Declutter 2023  110/520
    Jan grocery challenge 324.44/350 25.56 spare
    Feb grocery challenge 204.45/280
    March gc 0/310

    23 minutes a day self care, decluttering, tidying or cleaning 
  • abouttimetoo
    abouttimetoo Posts: 1,860 Forumite
    Part of the Furniture Combo Breaker
    Tick tock tick tock
    Only seven days until our 1st chart update - can't wait :D
    MFW Start Date 1.4.08. Updated 23.1.18. MFW date 1.8.18
    Original Mortgage o/s £187,643 / £71,904 (-115,739)
    Repay o/s £92,661 / now £55,900 (-36,761)
    Int Only o/s £94,982, now £16,004 (-78,978)
    Total daily interest £1 [a) £0.77 b)£0.23
    Total OP's:2018 target £TBC YTD £1,995
  • twinklie
    twinklie Posts: 5,184 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Me neither. It's becoming an unhealthy obsession.
    Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
    % of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
    MFiT-T7 #21
    MFW 2025 #2
    MF Date: Oct 37 Feb 37
  • cha97michelle
    cha97michelle Posts: 5,818 Forumite
    Part of the Furniture
    Looks like there are a fair few of us that are addicted. I have been in a few times today. ;) I just wish i could find a way to overpay that frequently.

    loopy - in terms of thanks - i am using it to help me keep track of what i have read on MSE. i was getting fed up of reading something and then not getting back to it for a while and not being able to find my place again. Probably not what everyone does, but it helps me.
  • financialbliss
    financialbliss Posts: 1,952 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    KazLA wrote: »
    I'm sorry, but I have made the decision to leave this challenge.

    Sadly, we have 'lost' 3 people already and we're not even at chart 01 yet :sad:

    But, rather than just delete each leaver, I've crossed them out in the charts and post #1, such that at any point in the future, should they wish to re-join, they're more than welcome to do so.

    FB / Maz123.
    Mortgage and debt free. Building up savings...
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