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

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Comments

  • financialbliss
    financialbliss Posts: 1,952 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 13 March 2011 at 12:39AM
    Thanks FB for the new chart.

    Unfortunately, my update does not seem to have worked.

    Please can you enter my new total £54800 - 189 - the end of the rainbow. Have also re-sent Google docs.

    Thanks again.

    Just checks...

    You provided an update at 23.20 and 50 seconds... I'd moved on to chart 06. I'll just apply now. Refresh in a minute of three and it should be good!

    FB.
    Mortgage and debt free. Building up savings...
  • The half way mark...
    Half way into the challenge and you should have an idea if you're going fail, match or exceed your objective.

    I've just created Chart 06 and updated the links at the start of this thread to point to Chart 06, but here's a link here too:
    https://spreadsheets.google.com/pub?hl=en_GB&hl=en_GB&key=0AnhcWfGMRVgddGtzMTdvS1VnNXUwakpPc3NjZzRHMVE&single=true&gid=38&output=html

    In case you've forgot, the next chart gets published in advance so that you can study your shortfall column to see where you need to be three months on from now.

    Get 12th June in your diary, on the fridge or whatever so that you get an update in for the half way mark.

    Looks like teapot2 has the smallest shortfall at just £269 being already at 49.04% of an ideal of 50%

    Financial Bliss / Maz123.
    Mortgage and debt free. Building up savings...
  • Well - seem to be doing okay.

    Approximately £82,000 left on my mortgage.

    I have given myself a personal secondary target of £70,000 outstanding by October 2012 (this is when my fixed rate will end and I will re-negotiate).

    KBO everyone :)
    MFiT-T2 #102
    [STRIKE]Sept 2010 = Mortgage only @ £86,000[/STRIKE]
    [STRIKE]Dec 2010 = Mortgage only @ £84,500[/STRIKE]
    [STRIKE]Jun 2011 = Mortgage only @ £79,000[/STRIKE]
    Mortgage free June 2015!!!!!! :j:j
  • Yay 72% and still in the green :j

    Thanks FB and keep going everyone :T
    Mortgage Free as of 31/5/11 :j:j:j:j:j:j:j
  • cha97michelle
    cha97michelle Posts: 5,818 Forumite
    Part of the Furniture
    Even though you are not telling us anything we don't know on a personal level, i do love the charts. I particularly like the fact that i am already in yellow for next time with only £406 to find. Woohoo. Hopefully i can stay in front, although DH did buy a £7k car yesterday, so we do need to think about building savings again.

    Although, the claiming back overpayments from NW seems really easy and quick, so as long as we have a little to cover something immediately, i think we are ok.
  • gerbiljo
    gerbiljo Posts: 848 Forumite
    Mortgage-free Glee!
    Thank you for dong the charts FB :)
    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
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    red---fail is a bit strong---maybe reduced

    50+ paid nothing since start---wandering why you keep them in charts

    thx

    good/work FB/MAZ
    £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
  • RosieTiger
    RosieTiger Posts: 863 Forumite
    Goes without saying FB, thanks for the effort you are putting into this, it's really appreciated.
    RosieTiger - Highest £242,000 Feb 2004 :mad:
    Lightbulb Dec 2008 £146,000 by March 2026:eek:
    MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
    Current Position-Fully off set by savings since March 2013
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    Thanks FB I'm not doing as bad as i thought-must make extra effort though so i can hopefully get to sub 70k by december 2012. x
    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 152lb
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    :j I'm in the green :j





    for the update column, red for the amount paid :rotfl:. Only 6k behind and as kitchen cost 7.8k at least we are catching up :)




    Thanks FB, you're a star :D

    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
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