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

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Comments

  • Jock_Tight
    Jock_Tight Posts: 414 Forumite
    Mortgage-free Glee!
    On a brighter note, March overpayment is now off bringing us down to £8,495 with 222 days to go to be mortgage free :)
    5/10/12 : Mortgage Free :)
  • Kaz2904
    Kaz2904 Posts: 5,797 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    Fuel costs are scary aren't they!
    I used to be able to fill my little metro up for £20. Now I have a ford fusion and it takes £51 to fill it. Thankfully, that generally lasts me the month.
    Debt: 16/04/2007:TOTAL DEBT [strike]£92727.75[/strike] £49395.47:eek: :eek: :eek: £43332.28 repaid 100.77% of £43000 target.
    MFiT T2: Debt [STRIKE]£52856.59[/STRIKE] £6316.14 £46540.45 repaid 101.17% of £46000 target.
    2013 Target: completely clear my [STRIKE]£6316.14[/STRIKE] £0 mortgage debt. £6316.14 100% repaid.
  • shop-to-drop
    shop-to-drop Posts: 4,340 Forumite
    My Ford SMax cost £93 to fill last time I filled it. That was my first time over £90 will be £100 before too long. Luckily I work five minutes from home but DH has an hours drive each way so cost of fuel is a big expense for going out to work.
    :j Trytryagain FLYLADY - SAYE £700 each month Premium Bonds £713 Mortgage Was £100,000@20/6/08 now zilch 21/4/15:beer: WTL - 52 (I'll do it 4 MUM)
  • RosieTiger
    RosieTiger Posts: 863 Forumite
    Jock_Tight wrote: »
    On a brighter note, March overpayment is now off bringing us down to £8,495 with 222 days to go to be mortgage free :)

    Must be great to see it in days to go!
    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
  • gerbiljo
    gerbiljo Posts: 848 Forumite
    Mortgage-free Glee!
    i don't think my petrol tank will ever be full again!
    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
  • uzubairu
    uzubairu Posts: 1,208 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Home Insurance Hacker!
    When I got my first Mini in 2008, a full tank cost £37. Now it costs £53 (my new Mini has the same size tank). This last about 3 weeks so not too worried at present.
    I can ride my bike to work (7 mile each way) if I can't get petrol.
  • Kaz2904
    Kaz2904 Posts: 5,797 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    Well my car is running on fumes at the moment. DH has a fairly full tank so we will have to use his car until there is some fuel available in our town. Thankfully, the kids break up tomorrow so we won't have to use both cars until they go back so up to 3 weeks we can cope with 1 car.
    I will just have to cycle to work until I can get fuel. Not looking forward to doing that mind, I live up a massive hill and work 12.5 hour shifts on a really really busy ward :eek:.
    ETA: I only came on to say that I have just updated my snowball and I have an end date of 22/04/2013. 13 more payments to go! I never thought we'd get to this point.
    Debt: 16/04/2007:TOTAL DEBT [strike]£92727.75[/strike] £49395.47:eek: :eek: :eek: £43332.28 repaid 100.77% of £43000 target.
    MFiT T2: Debt [STRIKE]£52856.59[/STRIKE] £6316.14 £46540.45 repaid 101.17% of £46000 target.
    2013 Target: completely clear my [STRIKE]£6316.14[/STRIKE] £0 mortgage debt. £6316.14 100% repaid.
  • pixnmix_2
    pixnmix_2 Posts: 429 Forumite
    My Ford SMax cost £93 to fill last time I filled it. That was my first time over £90 will be £100 before too long. Luckily I work five minutes from home but DH has an hours drive each way so cost of fuel is a big expense for going out to work.

    I'm the same cos I have to drive a 20 mile drive each way and then use my car in work. Often I do 60+ miles in a day so fuel is a real budget killer for me :(

    I've joined this thread for inspiration and a nosy to see how you all get along with this OP business. I'm aiming to start OP's from December this year after I get everything i need to get my house looking like home done and bought. Worked out the minimum amount to knock 5 years off the term and aim to OP at least that every month. Spoke to the mortgage company etc so I'm on a mission :)

    Keep up the good work everyone. You all are truly brilliant at being OP experts:T
  • curlygirl1971
    curlygirl1971 Posts: 1,367 Forumite
    Part of the Furniture Combo Breaker
    Hi Pixnmix,

    With a plan like that you should definitely stick around - watch out for one of the new challenges starting next January - either MFiT -Take 3, or MFW2013. I was OP'ing before I found the MSE forums / these challenges but I upped my game once I joined in and signed up.
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    mortgage reduced £892 april

    happy easter all
    £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
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