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

skaps

Heres my total for the MFiT- T2 £213,343.31, my target was £213,252 so have missed it by £90. Oh well off to the MFiT -T3

mortgagenomore_2

mortgagenomore TFI3-T3 No. 154 checking in for the final time with a total of £18,650 :j

gallygirl

Well, my target was:
11. gallygirl. Completely clear my £68,432 mortgage (actually, a bit of a hotch potch of several).

Final balance is £1,997.93, so fell a little short . Not really disheartened as plans completely changed due to accidental house purchase , so although I haven't met the target (and run up 58k debt to Mr GG in the process :cool:) our overall equity has increased a lot and that's what it's all about!

Well done everybody :T:T:T:T:T.

And a big :kisses3: and :beer: to FB and Maz for doing this :T.

the_end_of_the_rainbow

189 the end of the rainbow.

Target was to reduce mortgage from £107,243 to £53,621.

Managed to pay it off in full last month :jbut then took out a £400,000 mortgage :eek:.

So will see you all on the next challenge - hoping to reduce total debt by £40,000 over 3 years.

Well done to everyone and,as always, huge thanks to FB & Maz for running this challenge.

brizzledfw

Hi lovely peeps and our super lovely FB (and Maz!)

Well despite the shocking RED colour of my challenge scores this challenge has definitely helped me focus on getting the mortgage debt down and build up a buffer (despite simultaneously accruing new CC debt..I know..I know. Being part time is not as easy as it sounds :mad: )

So scores on doors are:

12 years to go.

Mortgage stands at £183,271.00

So still over my starting point 3 years ago, but does mean that I have paid off the £45k extra I borrowed a few months into the challenge for some big toys. Am basically back where I started. :undecided Silver lining??

Have joined the MFIT-T3 challenge and also updated my form FB.
Well done everyone. See some of you on the next challenge and, everyone, we should have a big pat on the back for being such a great team of Moneysavers!!:T

Brizzle

PS End of the rainbow..you can do it!!

SHOULDI

Hi everyone,

I can't believe 3 years has passed us by...

Here is my last figures for the challenge:

Mortgage as at 12/12/09: £193,000
Mortgage as at 10/12/12: £78,500

The aim was to pay off £93,000. We have managed to pay off an amazing £114,500.

Very pleased with our efforts! :j

I have joined the MFi3T3 and our aim is to completely clear the outstanding amount £78,500. It will be challenging as we have a 2 year old which we didn't know about at the start of the challenge and are hoping to add to the family in the coming few years, but I'm sure if we keep going they way we have, we have every chance.

Many thanks for all of your amazing stories. It has definitely helped us keep motivated and it's nice to see so many doing so well in beating their targets... A speacial Thank You to Financial Bliss and Mas123. The excel charts are so motivating and when I show it to my better half, it keeps her motivated too.

I have updated the Google update page this morning.

Thanks,
SHOULDI

greent

117 updating for 12-12 figures

Target was (from 06/2010 - joined challenge 6 months late) to reduce mortgage from £99917 to £67500.

Target was achieved early in 05/2012.

As at 09/12 (I have sent google docs for this twice but no uodate showing on chart) balance was £57300.

As at 12/12/12 balance will be £52550 - £14950 'ahead' of target!


MFiT challenge is to clear all of remaining balance by 12/2015

tattycath

We've updated No 106. We exceeded our target by a couple of hundred.
So as I have set my figures for next challenge do I need to change them through google docs please ?

welshlady33

Number 43 checking in for final time - just missed target with just under 2k to go til we are completely clear, would have smashed target if we had not spent 11k on solar panels and 8k on new ( secondhand) car, ah well, its been fun!

Congrats to everyone, we've all done so well!

black_taxi_2

Tattycath if you want your same lucky number 106 for MFIT-T3

I will swap with you