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First venture into MFW...
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Still maintaining the overpayment of £500/month thanks to the overtime though still never know when all that is going to stop.0
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Hi Rob
Just read your diary and I commend you on what you have achieved so far.
Keep up the good work.Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
Mortgage No 2: £82, 595.61 (31.08.2019)
OP's to Date £8500
Renovation Fund:£511.39;
Nectar Points Balance: approx £30 (31.08.2019)0 -
Quick update, we have now overpaid £10,500 off of the mortgage. We have a predicted balance of £74,000 at the end of our 5 year fixed rate period if we continue to overpay £500/month.
We are currently saving up with the intention of paying off the balance at the end of our fixed rate period, therefore paying off the whole £110,000 within 5 years.0 -
Paid a total of £12,000 overpayment now so on track to have a balance of £74,000 at the end of the 5 year fixed rate with the intention of saving up that amount and paying it off in 2 years this month!!!!!!!!!0
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I can finally say that next year should be the mortgage free year!
I just need to save £1000 a month until next September then the mortgage is gone, 5 years from the day we took it out!0 -
Well done that is some achievement0
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18 months to go and still pressing ahead. But I am now focusing on treating myself to something when it is all over and the mortgage is GONE.0
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What do you have in mind ??0
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About the biggest greenhouse that I can fit into my 'mans bit' of the garden!0
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I have a polytunnel myself ... Have to admit I love it0
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