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Mortgage Free by the time I'm 40. 10 years and counting!

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Comments

  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Barny1979 wrote: »
    Another £50 paid!

    yay.gif:D
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    15th July 2009 -

    Mortgage outstanding = £120,446.67
    Unsecured Loan element = £29,425.05
    Current Mortgage payment = £751.70
    Current Loan payment = £176.94
    Remaining term = 32 years 3 months

    Total Outstanding = £149,871.72
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    21st July 2009 -

    Mortgage outstanding = £120,406.08
    Unsecured Loan element = £29,415.51
    Current Mortgage payment = £751.70
    Current Loan payment = £176.94
    Remaining term = 32 years 3 months

    Total Outstanding = £149,821.59
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Another £21.59 paid this morning :)
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    22nd July 2009 -

    Mortgage outstanding = £120,388.57
    Unsecured Loan element = £29,411.40
    Current Mortgage payment = £751.70
    Current Loan payment = £176.94
    Remaining term = 32 years 3 months

    Total Outstanding = £149,799.97
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Just made a payment of £99.97 to bring it down to a nice round £149,700. Due £180+ on Friday from old employers for overtime i did a few months back too :)
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    23rd July 2009 -

    Mortgage outstanding = £120,307.51
    Unsecured Loan element = £29,392.33
    Current Mortgage payment = £751.70
    Current Loan payment = £176.94
    Remaining term = 32 years 3 months

    Total Outstanding = £149,699.84
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    £161.44 more paid off
  • Barny1979 wrote: »
    Here we go: I have changed jobs and I am paying off my car loan at the end of this week, so no more car loan repayments which were £230 a month. Mortgage is dropping by approximately £150 in October when fixed rate ends.

    30th June 2009 - I want to clear my mortgage by the time I am 40. I am 30 in exactly 2 weeks time. My mortgage position at the moment is.

    Current interest rate = 6.29%
    Date fixed rate ends 01/10/2009
    Mortgage Type = Together Mortgage
    Mortgage outstanding = £120,783.96
    Unsecured Loan element = £29,505.60
    Current Mortgage payment = £751.70
    Current Loan payment = £176.94
    Remaining term = 32 years 4 months

    Total Outstanding = £150,289.56
    Monthly payment = £928.64

    Payment at proposed variable rate from 30th October 2009
    Mortgage = £637.20
    Loan = £149.10
    Monthly payment = £786.30


    just for my guide, do you have kids/family to support at the moment?
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Nope, fortunately I live alone, but have a gf
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