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MFW in 5 years

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  • Thanks for the comments. Its easy to get carried away with the objective. Last overpayment for the year has been made which means 6k O.P. for 2013 is massive considering our wages have dropped. Priorities for 2014 will be a new back door and window (current one is wooden, whats left of it!) redecorate DS room and possibly a few other rooms.as of 12/12/13The mortgage is £72860. looking at what we have achieved this year im really happy with the figure.
    Mortgage free:beer:

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  • golfiematt
    golfiematt Posts: 275 Forumite
    Mortgage-free Glee!
    Mortgage currently stands as of 12th March 2014 . £70,574.40
    Mortgage free:beer:

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  • golfiematt
    golfiematt Posts: 275 Forumite
    Mortgage-free Glee!
    New back door and window fitted. Ds bedroom decorated, kitchen decorated, garden tidied and the chicken house upgraded and cement floor put in. A few problems with the tenant at the moment hopefully be sorted soon. We are still managing to o.p. .Going to get below 70k next month.
    Mortgage free:beer:

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  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    golfiematt wrote: »
    New back door and window fitted. Ds bedroom decorated, kitchen decorated, garden tidied and the chicken house upgraded and cement floor put in. A few problems with the tenant at the moment hopefully be sorted soon. We are still managing to o.p. .Going to get below 70k next month.

    You have a tenant in your chicken house :eek:

    Hope it's sorted soon. I too would have a problem with a tenant if I could find where she's b*ggered off to :rotfl:.
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • golfiematt
    golfiematt Posts: 275 Forumite
    Mortgage-free Glee!
    Ha ha! No the chicken house is at our house! Had a neighbor of the tenant threaten legal action over a car parked without tax in the shared drive.sometimes when things go bad I think sell up! ...but we are keeping with it for now.hope you find a new tenant soon (I know that feeling too)
    I've got an ankle op at the start of next month so fingers crossed that goes well and back to normal asap.
    Mortgage free:beer:

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  • golfiematt
    golfiematt Posts: 275 Forumite
    Mortgage-free Glee!
    Woohoo! I've just checked the mortgage balance and it now stands at £69767.68 as of the 7th April 2014. taking the flat out this leaves £9767.68. Wow I never thought I'd see it so low:T the flat problem has been resolved and all is well on that front for now. My original diary started 4 years ago so I still think my 5 year rather is reachable.It may be 5 years and so many months though but as long as there's a 5 in it I'm happy.
    Mortgage free:beer:

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  • abouttimetoo
    abouttimetoo Posts: 1,860 Forumite
    Part of the Furniture Combo Breaker
    That's brilliant GolfieMatt :j
    Co-incidental that you should pop up now as I was reading quite an old chain this week where you'd posted and I was wondering if you were still around so great to see that you are and are still making great progress

    Regards
    ATT
    MFW Start Date 1.4.08. Updated 23.1.18. MFW date 1.8.18
    Original Mortgage o/s £187,643 / £71,904 (-115,739)
    Repay o/s £92,661 / now £55,900 (-36,761)
    Int Only o/s £94,982, now £16,004 (-78,978)
    Total daily interest £1 [a) £0.77 b)£0.23
    Total OP's:2018 target £TBC YTD £1,995
  • golfiematt
    golfiematt Posts: 275 Forumite
    Mortgage-free Glee!
    Mortgage currently stands at £66480.63 .
    I'm now nearing the original 5 year target to pay off the mortgage . Taking the flat out of the equation the mortgage on the house is £6480.63, it looks like I'm going to miss my target of being mortgage free at 35 .so my new target is to gethent it paid April 15 at the latest. Age 36. It's been a tough year and it makes can'tme realise we aren't here for very long.i can't wait to get rid of the mortgage and start blowing money on things we enjoy!
    Mortgage free:beer:

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  • ally18
    ally18 Posts: 761 Forumite
    golfiematt wrote: »
    Mortgage currently stands at £66480.63 .
    I'm now nearing the original 5 year target to pay off the mortgage . Taking the flat out of the equation the mortgage on the house is £6480.63, it looks like I'm going to miss my target of being mortgage free at 35 .so my new target is to gethent it paid April 15 at the latest. Age 36. It's been a tough year and it makes can'tme realise we aren't here for very long.i can't wait to get rid of the mortgage and start blowing money on things we enjoy!

    Good for you golfie, from the sounds of it you will be blowing your money pretty soon! Having your mortgage below £7k sounds absolutely fab so well done.
  • Decided to sell the flat due to the stress of it all.It's currently under offer, hopefully if all goes well and it sells I'll update my figures.
    Mortgage free:beer:

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