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

setmefree2

Barny1979 wrote: »

Another £50 paid!

Barny1979

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

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

Another £21.59 paid this morning

Barny1979

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

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

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

£161.44 more paid off

inspector_monkfish

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?

Barny1979

Nope, fortunately I live alone, but have a gf