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

setmefree2

Hi All :hello:


Can anyone tell me the date of the next update please?

smf2

mortgagenomore_2

12th of Sept :j

black_taxi_2

setmefree---next update is 12th sept

ive reached 2k emergency fund--original idea was to get it up to 7k

instead im going to o/p mortgage again from this month an very slowly add to emergency fund

setmefree2

mortgagenomore wrote: »

12th of Sept :j

Thank You!!!

setmefree2

black_taxi wrote: »

setmefree---next update is 12th sept

and Thank You too!

gerbiljo

Just updated, £46700 for us, no more overpayments this month wanted to squeeze them all in for the update. Really looking forward to the 'next' update, I love december and xmas and we will be into the final third after that, I'm one of the ones for which its dragged so love the updates as it provides a milestone
Good luck everyone

black_taxi_2

£694 o/p sept

1.£48k-debt/mortgage-12/12/09
2.£8k-bank loan debt--PAID--1/6/11
2.£2k emergency fund--HIT TARGET-1/9/11(changed ef to 2k instead of 7k---slowly building up ef)
3.£32k-mortgage-mfw--2015

hoobydoobydoo

Hello all

Just updated my signature to include my new challenge (thanks for adding it FB). As my original target of clearing our further advance (originally £30,000) will easily be achieved by 12/12/12 I am now also aiming to get our main mortgage into 5 figures by 12/12/12, although any overpayments are likely to be minimal to say the least until the first target is achieved.

I think I need to wait until the normal payment has cleared before making my first overpayment so I hope to do that between now and 12/09/11 so that it can be included in the official update.

Best wishes
Hooby

Captain_Pie

Have just updated using the Google form.

After moving some funds around a bit and overpaying, our balance today is £141k dead on. Very pleased with that and am crossing all my appendages that interest rates will stay as they are for a while longer!

cha97michelle

I'm going to be reporting a balance of £23,848.

I'm amazed how well we seem to be doing. I predicted we should be at £26,250 to be on track for where we said we would be by this stage of the challenge. This balance is where I expected to be around the end of March next year, so I have increased my amount I am ahead by an extra 2 months since the last update, where I was 4 months ahead.

Pretty pleased we have been so succesful on one income, and will keep pushing on as much as we can before the next update.