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

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Comments

  • THRIFTY_GIRL
    THRIFTY_GIRL Posts: 304 Forumite
    cha97michelle wrote: »
    Sounds like you have it all planned wynn. I had thought you were a bit older than me, so retirement by 40 sounds fab. We made the mistake of having the kids i think. :p Not as much spare money for anything. :D Happy like we are though.

    I'll second that;)
    MFiT - T2 # 64start date: 1.7.09 MFW end date: 31.10.17
    Start balance: £205,746.51 :eek: Month 18/100..paid 13.50%
    Current balance: £177,977.07 (updated 18.12.10)
    Target 12.12.12: From £194,000 to £140,000:p
    MFI-3 reductions: £16,023/£54,000 achieved (29.67%):j
  • Trying_to_be_good
    Trying_to_be_good Posts: 1,989 Forumite
    Part of the Furniture 1,000 Posts
    Woo hoo - I just earned 50 YouGov points taking my total to 5000 after 4 years of doing surveys - I've 'bought' my £50 cheque, but fear I'll succumb to starting all over again. Every little helps!
    Mortgage Free thanks to ill-health retirement
  • gerbiljo
    gerbiljo Posts: 848 Forumite
    Mortgage-free Glee!
    Trying_to_be_good wrote: »
    Woo hoo - I just earned 50 YouGov points taking my total to 5000 after 4 years of doing surveys - I've 'bought' my £50 cheque, but fear I'll succumb to starting all over again. Every little helps!

    ha! i must have another few years to go.... don't succumb! haha
    Mortgage November 2003 was £135k, but thanks to this website on 28/08/12 we became MORTGAGE FREE!
    Now just over 2 years we have taken on the challenge again! )(starting £237k Nov 2014) Current mortgage £232,399.82, current overpayment total £1550, years remaining= 17
  • wynnvegas
    wynnvegas Posts: 1,377 Forumite
    Mortgage-free Glee!
    cha97michelle wrote: »
    Sounds like you have it all planned wynn. I had thought you were a bit older than me, so retirement by 40 sounds fab. We made the mistake of having the kids i think. :p Not as much spare money for anything. :D Happy like we are though.

    Hi Cha97Michelle,

    I'm just old at heart! Turned 29 last month so there's a big birthday coming next year. We're still giving consideration to whether or not kids are for us (particularly as we have more than enough nieces, nephews and cousins to borrow and give back!) but my girlfriend is currently refusing to give up the minor extravangance of our annual Vegas jaunt.

    Cheers,

    Billy
    Mortgage Free: 28/10/2010
    Time / Interest Saved: 18.5 years / £61,866.50
  • twinklie
    twinklie Posts: 5,184 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Trying_to_be_good wrote: »
    Woo hoo - I just earned 50 YouGov points taking my total to 5000 after 4 years of doing surveys - I've 'bought' my £50 cheque, but fear I'll succumb to starting all over again. Every little helps!

    I got mine earlier in the year...I'm back up to £17.50 already! It's very exciting...I can't stop myself. :D
    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
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    A few more little payments of amounts between £6 and £25 pounds for underspends on Food Shop, Petrol and Mobile Phone have let us make a good start on our next £500, and emergencies not wiothstanding we'll colour another brick off our house on the fridge in 21 days time!!
    MFW: Was: £136,000.......Now: £47,736.58......
  • cha97michelle
    cha97michelle Posts: 5,818 Forumite
    Part of the Furniture
    wynn - sorry, hope you don't think i am being nosey or anything like that. Weird what impressions you get of people from a few posts. ;)

    We had overpaid enough for me to now be at home with our kids and that is ok for us. Whatever decision you do make, you have made such an excellent start by getting rid of the mortgage. It will certainly open any door you want.

    I'm only 31 so not much older than you. Most of our friends are only just getting to kids now, so that extra couple of years of work with 2 salaries makes a difference but we are a lot better than some.
  • mortgagenomore_2
    mortgagenomore_2 Posts: 150 Forumite
    Hi just clocking in this month with the grand total of £28,600 :j
    £14, 500 to go
  • loopy-juice
    loopy-juice Posts: 150 Forumite
    edited 9 August 2010 at 6:30PM
    Taking away your overpayments how much mortgage do you actually have to pay per month?

    Mine is £89.22.
    12/12/12 Lets party!
    :beer:
  • mortgagenomore_2
    mortgagenomore_2 Posts: 150 Forumite
    £193.93 before overpayments i have left at original payment opting to reduce end date (now 4 yrs 6 mths less)
    £14, 500 to go
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