We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Secretservice taking the plunge
Comments
-
Well said Phelspie! Keep up the good work - everything you can throw at it will make a big difference doesn't it
Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370 -
Like your tactic of using money saved from bills towards the mortgage.0
-
Phelpsie001 wrote: »Following with interest!!

I see you are planning to have £2k savings and overpay everything else.... Is this savings pot big enough for all eventualities =O I currently have £2k but ideally want at least £5k
I see your point, i suspect not but i feel that it is probably the most achievable amount for us. We also have a 'top secret' savings pot in the house that we only put notes into so hopefully when that's full there will be a few bob in there.
When i get to £2k i think i may have to revise my total.MFW - Balance Outstanding: £66,315.45
OP's to date: £459.50
Net Interest Saving: £1,023.07
Savings - £533.74/£2,0000
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards