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

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Comments

  • When are the updates needed for completion of YEAR 1? Thanks.
    12/12/12 Lets party!
    :beer:
  • The next update is for the 12th of December so use financial bliss's updat form (see his signature or one of the posts on the 1st page) and do it any time between now and the 11th.
  • Cant believe its nearly been a year since we started this challenge, its really made me focus on spending wisely, saving as much as possible and overpaying as much as we can. Since the challenge started we have knocked £12,662 off the mortgage! :cool:

    Thanks to all those for the encouragement so far and hope you are all doing well on your MF journeys!!

    Cheers,
    Jock :)
    5/10/12 : Mortgage Free :)
  • we're the same. managed to knock off 12k in 15 months, and thats whilst getting married in October as well!!
    MFW: Was: £136,000.......Now: £47,736.58......
  • I am delighted with our progress too. We started our £151,000 mortgage on 6th November 2009 and a year later we're at £130,927.

    Well done to everyone else managing to reduce their mortgage :T
    Mortgage Free in 3-T2 : Started at £151,000 Nov. 2009 Mortgage Free Oct 1st 2015 :)
  • looking like 10k less than last years balance after 1/3 of the challenge . woohoo!
    Mortgage free:beer:

    [/COLOR]
  • SuiDreams
    SuiDreams Posts: 2,393 Forumite
    Part of the Furniture 1,000 Posts
    Update from No. 32 I will update google docs after work tonight.

    Mortgage its self is now under the £20K mark @ £19983. The balance I am reporting for the challenge is £15,433 (Actual Mortgage balance less Mortgage savings). Only £499.67 behind target. Fingers crossed will be able to stay on target for the next update.
  • sent in update

    balance £38406 21%
    £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
  • liuhut
    liuhut Posts: 1,269 Forumite
    Ive sent my update. Down to £59,431.48. Only joined the challenge in July and payed off £3506.60 so far.
    Just glad to be in the 50ks now!!
    Well done everyone
    L x
    WIN £2008 in 2008 £1836.31 2009 wins - £91!!! 2010 wins in Oz $ 6170.... wins 2011 aprox $2000
    MFIT - number 37. Reduce my mortgage from £63,500 to £48,000. now at 54,000...
  • Just moved into the 30k's (39k). Bit behind at the mo regarding % but a 10k endownment in June/July will put me back on track............
    12/12/12 Lets party!
    :beer:
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