why did you decide to become MF?

MarieAAP

Ironically for me, it was just a passing comment from the M Advisor as I was about 6mths from the end of my first fixed term agreement (3yrs whilst finishing off uni).

For my £15k interest / endowment mortgage (was back in '98), over the 25yrs, I would be paying almost £45k - and thats what started the bandwagon. I can't remember the rate, but I was only 21 when I signed it.

I have just under £2k left to pay, so I will at some point, check how much interest I have paid to find out how much it will have cost me / saved me in total

We are planning on moving (hopefully) in the next 9-12mths (as long as I don't get pregs), and will have paid of the original and be starting again. I don't think we will be able to O/P much at the beginning, but we shall see. I would love to be MF before I am 50 on this 2nd house, so that gives us about 15 years for a 100-120k mortgage, ummm. That will be a tough target with both of us on low salaries and babies (touch wood)... What do u think?

M