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

Queen-Bee_2

A huge Well Done to Billy!
:j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T
QB

taxi73

Well done BLACK TAXI

SuiDreams

Unfortunately it looks like we won't be back on track by the end of the year as orginally predicted. Due to a few extra expenses, I will need to reduce the payment in the ISA for December. This will mean that we should still reach target for one quater by the December update, but will not have reduced mortgage/increase ISA by enough to cover the shortfall from previous quaters.

The good news is that the mortgage balance will hopefully fall below £20K and the net balance will hopefully fall below £15.5K. Fingers crossed.

Kaz2904

Feeling a bit skint this month. I was hoping that we would finally finish the house renovations by the end of the year but I doubt it's going to happen now. I'm setting the 27th May as our deadline as it is 6 years after we moved in. I'm so looking forward to the house being finished and not having tool boxes and bags of plaster lying around- GAH!
Mortgage payment front: I have continued to pay my normal overpayments so it's only the savings which are taking a hammering. I shall do a signature update now. I'm not sure whther I will actually be green in the next update though?
Well done those who have broken the next barrier and well done Billy on clearing your mortgage. I'm not jealous, I'm not jealous *Kaz wanders away muttering under her breath*

ETA: Just worked out that I'm £446.42 behind target at this stage. I think that this will even out over a short while though. Obviously we have the 2 months council tax free and rates free coming up. I had also allowed for interest reducing. Obviously as more is cleared, I will pay less interest. Phew, wipes away cold sweat

Jock_Tight

black_taxi wrote: »

broken thru 40k barrier:beer:

Nice one :cool:

Its great when you get through those barriers!
My next big barrier is getting through 20k, target is next May

wynnvegas

Thanks again everyone!

Black Taxi - many congratulations. Getting through those 10k barriers is great fun. Jock, can't wait for you to push through that £20k marker - fantastic effort.

Cheers,

Billy

tattycath

Well done Billy-That's fantastic!!!!!

Well done black taxi-you're doing great.

I think I'm a bit behind target at the moment :-( but hoping to catch up over the next 6 months.

loopy-juice

black_taxi wrote: »

nov1--£1721 paid-in

broken thru 40k barrier:beer:

Well done.

I too go through the 40k barrier this month.

tattycath

loopy-juice wrote: »

Well done.

I too go through the 40k barrier this month.

That's great!!
I'll be happy to break the 80K barrier!!! (this year - she said optimistically!!!)


ok so now i'm editing this because i've done some number crunching and unless i get a miracle I'm not going to break through the 80k mark for at least another 6 months...

RosieTiger

black_taxi wrote: »

nov1--£1721 paid-in

broken thru 40k barrier:beer:

Nice one - another barrier down !