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mortgage free wishes
bobbybobby
Posts: 30 Forumite
For some motivation for all those involved with trying to clear their mortgages, I just thought it might be a good idea for people to tell us what they are aiming for by paying off their mortgage early.
I am still undecided yet, some days I want to buy a house in France in the future, some days I want to buy another house to renovate and other days I just dream of having loads in the bank!!!:j
I am still undecided yet, some days I want to buy a house in France in the future, some days I want to buy another house to renovate and other days I just dream of having loads in the bank!!!:j
to be mortg free by jan 2017 (£163,000)reduced to:rotfl: 8 year term.
mortg o/p: apr£300, may£300, june£300 :j
food budget:£200 month :eek:
virtual saving:£10 every time i check balance online (usually 2xwk ):p
mortg o/p: apr£300, may£300, june£300 :j
food budget:£200 month :eek:
virtual saving:£10 every time i check balance online (usually 2xwk ):p
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Comments
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I'm considering moving abroad down the line if circumstances allow. Looking at New Zealand.0
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sounds great!!!
by the way how do you all put your foot note at the end re: how much you have paid off etc?(sure it must be simple!!)to be mortg free by jan 2017 (£163,000)reduced to:rotfl: 8 year term.
mortg o/p: apr£300, may£300, june£300 :j
food budget:£200 month :eek:
virtual saving:£10 every time i check balance online (usually 2xwk ):p0 -
User CP, then edit signature0
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bobbybobby wrote: »by the way how do you all put your foot note at the end re: how much you have paid off etc?(sure it must be simple!!)
click on "User CP" near the top of this page, click on "Edit Signature" on the left hand side, then type what you want.
Just got beaten to it by Barny!!Mortgage: Was: £154,495 Oct 2039 Now: £77,006.48 Mar 2037Swagbucks ~ £50 (2025 ~ £240)Surveys~ £66.94 (2025 ~ £238.94)Make £2026 in 2026 #18 ~ £396.58 ~ (2025 ~ £2,368.64)2026 Decluttering Campaign ~ 76/20260 -
thanks barney and purplevamp!!!to be mortg free by jan 2017 (£163,000)reduced to:rotfl: 8 year term.
mortg o/p: apr£300, may£300, june£300 :j
food budget:£200 month :eek:
virtual saving:£10 every time i check balance online (usually 2xwk ):p0 -
Great thread idea bobbybobby...
My reasons are simples...
The thought of not paying more than I need to for a loan and secondly to not have the worry that if one day I lost my job, I would potentially lose my house...
Being able to make my own decisions without feeling threatened by the actions of my employers...0 -
The main reason for me is freedom of choice - by the end of this year I hope to have cleared my mortgage. Im the same as you bobby in that Im not exactly sure what I'll do, one thing I do know is that I wont be selling this place having worked so hard to pay it off
I could rent this place out and change jobs/buy in a new location if I wanted to without worrying about my existing mortgage. Also love the idea of getting a place abroad. Or I could just stay where I am and find something else to do with the extra money!
I for one cant wait!0 -
I don't necessarily want it all paid off as quickly as possible. My main aim is for me to be at home with my boys while they are small, and for as long as possible, and if i remove the expense of the mortgage we can achieve this.
Of course paying it all off would be great though.
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I aim to be free of my mortgage so I can work less. Maybe even have another baby.MF aim 10th December 2020 :j:eek:MFW 2012 no86 OP 0/2000
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freedom to take a lower paid, less stressful job which leaves me with time and energy to get more out of life!0
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