£161,044.25 reasons to be mortgage free

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15051525456

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  • CathT
    CathT Posts: 7,120 Forumite
    First Anniversary Name Dropper First Post
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    Hi WABL, you have made a great start to 2015!
    May 2024 - part 1 - £29,628 part 2 - £24,612 Total - £54,240 42 months to go!
  • wantabetterlife
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    Thanks cath...the little payments and Tilly tidies are really helping to keep the motivation up :D
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • wantabetterlife
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    We are officially in the 115's:j:j
    Not exactly sure of the balance because it hasn't updated online but it is roughly 115980... So we are only just there but feels great all the same. So far in 2015 we have made over 3.5k of overpayments but it will slow down now. Happy Friday everyone :D
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • Firegirl
    Firegirl Posts: 942 Forumite
    First Anniversary Name Dropper First Post
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    Well done!!! Your doing so well! My mortgage balance should make you feel better too :eek:
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
  • CathT
    CathT Posts: 7,120 Forumite
    First Anniversary Name Dropper First Post
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    We are officially in the 115's:j:j
    Not exactly sure of the balance because it hasn't updated online but it is roughly 115980... So we are only just there but feels great all the same. So far in 2015 we have made over 3.5k of overpayments but it will slow down now. Happy Friday everyone :D

    It feels good reducing that balance doesn't it.
    May 2024 - part 1 - £29,628 part 2 - £24,612 Total - £54,240 42 months to go!
  • wantabetterlife
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    Thanks Cathy and Sque. It feels great to be making some inroads...the thousands seem to be falling off quicker and quicker!

    We are now in the 144's :j:j:j:j..the balance is £114962 :D
    The only thing is we have our house up for sale and are hoping to move to something a bit bigger in the country, so the mortgage may be going up in the near future. I never imagined that keeping your house immaculate for viewings would be so difficult!!
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • gallygirl
    gallygirl Posts: 17,228 Forumite
    Name Dropper First Anniversary First Post Mortgage-free Glee!
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    I never imagined that keeping your house immaculate for viewings would be so difficult!!
    I know - you can't even open a cupboard door and chuck it all in as the flippin' viewers might want to see in there :eek:.

    Good luck with it :T. (The sale, not the tidying. Though that as well :D)
    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"
  • wantabetterlife
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    This has to be the longest absence I have had from updating the diary:eek:. The biggest news is we have moved house and with the house we also have a bigger mortgage. Not sure of the total balance but I think it's around £177k,but will find out the exact total tomorrow. I feel that the title of the diary now a bit misleading but I'm not really into starting new diaries as the whole story becomes fragmented....so I will just stick with this one. I love the new house but hate the big mortgage and it feels like I'm back to eating the elephant again!! I promise to update signature and post totals tomorrow. I need to read diaries to get some enthusiasm for overpaying again.
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • Lifes_Grand_Plan
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    Welcome back. Am i thinking of someone else, or did you not move house a year or two ago?

    Enjoy your new home anyway :)
    A big believer in karma, you get what you give :A

    If you find my posts useful, "pay it forward" and help someone else out, that's how places like MSE can be so successful.
  • wantabetterlife
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    Hi LGP, thanks for posting. No it's not me..we lived in our last house for ten years.
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
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