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

RosieTiger

OK - who now is feeling really up for pressing on given that we have had the first completion of this challenge, I know I feel like that.
Great stuff Billy - enjoy yourselves !

spidystrider

Well done Billy, you must be feeling amazing right now :T I hope to join you one day, but it will be a good few years in the future.

cha97michelle

Congratulations Billy. You deserve a nice meal and all the other planned stuff. Must feel fantastic. :beer:

financialbliss

wynnvegas wrote: »

However, now that it's done, I'm inordinately pleased to announce that the mortgage has gone in totality. With a nod to others who have come and gone before me, I'll regale a few stats and such for the final time.

Today

Overpayment - £2,500
Interest (Oct '10) - £2.57
Outstanding Amount - £0

The Mortgage Story

Mortgage at start - 01/04/2004 - £105,000
Total Interest Paid - £34,133
Mortgage Redemption - 28/10/2010
Time Saved - 18 years, 5 months, 2 days early
Interest Saved - £81,866
Mortgage Free Age - 29 years, 3 months, 9 days

Billy (#85)

Hi Billy,
Was feeling a bit under the weather yesterday and failed to spot this. That's absolutely fantastic news.

As you probably have guessed, I've updated your line in post #1 with a to show that you have met your objective, plus updated the mortgage free roll of honour chart to include your details:

http://spreadsheets.google.com/pub?key=tks17oKUg5u0jJOsscg4G1Q&single=true&gid=5&output=html

Note that the dates are related to when the challenge started, so Billy is shown as completing 10 months and 16 days into the challenge. In order to calculate this - I need a mortgage free date. I'll probably alter the update form to put in a comment about that.

Well done - an inspiration to everyone to keep going.

Financial Bliss.

liuhut

Well done Billy, fantastic achievment

L

wynnvegas

Thanks All,

To be honest, the post-payment malaise that I've heard about has stayed well away and I've been high as a kite for the last day and a bit. We had a lovely wee celebration last night and we've got a few things planned to continue that celebration for a few weeks to come yet. I'll keep a check on the progress of everyone here as the comments and encouragements that have been given on this board over a range of issues, both personal and financial, have been fantastic and it does feel like a bit of a support (in the geeing on sense) group which I've no intention of leaving.

FB - hope you're feeling better. Off to have a look at my new status now!!

Cheers,

Billy (#85)

tootallulah

Missed this so dropping in to say WELL DONE have a great series of celebrations and I look forward to you getting your final house. I am waiting for you to start up on MFW and will subscribe for the ride.

loopy-juice

Billy Boy:

:T:j:T:j:T:j:T:j:T:j:T:j:T

glitterball

Billy, fantastic news. I dont know about everyone else but you've spurred me on cant wait to join you in mortgage free heaven.

black_taxi_2

nov1--£1721 paid-in

broken thru 40k barrier:beer: