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The Mortgage Free in Three - Take 2 challenge (MFiT-T2)
Comments
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Afternoon All,
£400 OP made this month which brings the mortgage balance down to £15,985 whoop whoop! The mortgage free dream looks like it might really become a reality, the motor home is calling....can't wait!! Well done to everyone, tough times but we're all doing brilliantly.Challenge: To be mortgage free by Dec 2012
Mortgage 12/12/09 = £21,500, 12/03/10 = £19,700, 12/06/10 = £17,800, 12/09/10= £15,985, 12/12/10=£14,550, 12/03/11 = 0 Mortgage Free :j
MFi3#T2 No. 103
"Opportunity is missed by most people because it is dressed in overalls and looks like work." Thomas A Edison0 -
After a very tight month last month I have managed to scrape together an extra £500 in OPs this month, so my balance will be £74,201.87 by the 12-Sep.
I'm getting there, even if it does seem to be slowly!
I will update my sig and the Google doc shortly.
Well done everyone, keep up the good work. :TWhat goes around comes around.....I hope!0 -
Back from hols. Got almost 100 posts to catch up on in this thread alone! 5 pages @ 20 posts per page :eek:
I see there's a good number of you who have already supplied an update for September 12 - this coming Sunday. I've created a temporary chart that I can log the updates to, so that I can just switch them over on Sunday.
Going to process the updates so far in a big batch tomorrow, so check the Who's updated...? sheet from tomorrow to see who's been sending in updates!
FB / Maz123.Mortgage and debt free. Building up savings...0 -
No 46 reporting in - I have reduced my mortgage to £111560.34 from £115,500 at the beginning of June. Please can you change my objective as we increased our mortgage and hope to reduce this to £100,000 by the end of this challenge.
I have noted this in google docs but put in a message about reducing the mortgage balance - please can you use the £100,000 balance for your file. ThanksMFIT T2 Challenge - No 46
Overpayments 2006-2009 = £11985; 2010 = £6170, 2011 = £5570, 2012 = £12900 -
September update Hi challengers, no. 08 updating.
Balance now stands at £78,691
Have sent update via Google docs also.
Well done everyone.:T
setmefree20 -
counting a payment due to come out in the next couple of days takes my outstanding balance down to 52k. overpayments taken a hit due to reduced days at work.Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron0
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Hi number 200 logging in. Balance only down to about £26,650 ish just paying standard repayment, but could cash in endowment and take a wedge off it (tempted)0
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Hi
Number 18 reporting here.
Have submitted Sep update via google docs.
However, was surprised only a difference of £500 since June! I was sure this isn't correct, so I went back and checked June submission and I got that one wrong - not sure how!
Financialbliss/Maz123: Any chance, the June data can be corrected? If so, let me know how I can supply the correct data and re-submit the correct Sept balance as well.0 -
Well done everyone so far. I hope to update mine tomorrow or friday.GE 36 *MFD may 2043
MFIT-T5 #60 £136,850.30
Mortgage overpayments 2019 - £285.96
2020 Jan-£40-feb-£18.28.march-£25
Christmas savings card 2020 £20/£100
Emergency savings £100/£500
12/3/17 175lb - 06/11/2019 152lb0 -
£250 op has left our Nationwide current account, but has not yet shown up on the further advance and so I am reluctant to post a balance because I would like to see the figure on the screen in black and white! Hope to update in the next 48 hours.
(Where does the money go in between and why does it get there quicker from another bank than from the same one?)
Well done everyone
HoobyMFiT-T2 #49 December 09 £15373, January 12 £0 target £0 by 12/12/12
TARGET MET 11 months early - YIPPEE
MFiT-T2 #50 August 11 £111,691.25, December 12 £96,699.20 target £99,999 by 12/12/12
TARGET MET 3 months early - YIPPEE
MFiT-T3 #49June 14 £76338.33 target £49999 by 12/12/150
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