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£161,044.25 reasons to be mortgage free

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  • wantabetterlife
    wantabetterlife Posts: 1,296 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 3 April 2012 at 10:54PM
    Oh dear its been three months since i last updated this diary. Things on the MFW front are so slow these days with no overpayments but the balance is £135930.
    I am back at work full time from this week so will have a few more pounds in the bank at the end of the month, althought my sanity will probably be out the window. Must work out what the daily interest is now.....

    ...just worked it out to be £17.16....still extortionate!!
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • Froggy-G
    Froggy-G Posts: 2,145 Forumite
    Welcome back WABL! :j
    Froggy's New Lillypad Fund
    Total so far: £ 10,009.77
  • wantabetterlife
    wantabetterlife Posts: 1,296 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thanks Froggy

    I am getting worse at updating this diary...life is so busy at the minute as i am back working full time :(. The mortgage is coming down but not as quick as i would like...we are now at £134987 and have reached our target for the MFiT T2 challenge six months ahead of schedule :j:j.
    I think over the next three years i am going to aim to get below 100k...this would be a massive psychological boost to us! Although i have to admit i have kind of lost my motivation for money saving this last few months and am not sure how to get it back :(
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Yay - well done on all that MF progress :T
  • wantabetterlife
    wantabetterlife Posts: 1,296 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thanks SMF2...read your news the other day about you being mortgage free...really well done:j. You and earthgirl both inspired me so much when i first started on this board over 3 years ago! I hope its as good a feeling as you imagined :D
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • do_it_today!
    do_it_today! Posts: 786 Forumite
    Hello WABL!
    Your thread has been really inspiring! Don't worry Um sure you will pick up the pace again - you have done so well even though the interest is still high, focus on how much less you are paying a month because of all your hard work.

    I'm going to try beating again this weekend although I do find it to be hard work.

    Our op's are very variable at the moment.
    :j Where there is a will there is a way - there is a way and I will find it :j
  • do_it_today!
    do_it_today! Posts: 786 Forumite
    Sorry I meant ebaying again not beating! Lol predictive text!
    :j Where there is a will there is a way - there is a way and I will find it :j
  • wantabetterlife
    wantabetterlife Posts: 1,296 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Haaa DIT ...couldnt quite figure that out when i first read it :)
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • Another month another payment....we are now down to £134659. We havent made any overpayments in ages but i do feel like we are getting back on track lately!
    Am really looking forward to getting below 130k.....seems a lomg way off though.
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • Munchin
    Munchin Posts: 2,816 Forumite
    Part of the Furniture 1,000 Posts Photogenic Debt-free and Proud!
    Hi WABL - just read your diary and you are doing sooo well. I know how you feel about everything becoming so expensive. Is it bad that I want your mortgage pig:D
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