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I am Mortgage Free!O

Shazwellyn
Shazwellyn Posts: 21 Forumite
in Mortgage-free wannabe
Ok.. now Ihave done it!:beer: Life is better without that chain around my neck. Maybe you would like to know how I did it then take a look:

http://hubpages.com/hub/Mortgage-Reduction-How-To-Pay-Mortgage-Early

I have other related articles that might help you too... it is a matter of attitude! :T:T

Comments

  • poppyoscar_3
    poppyoscar_3 Posts: 1,566 Forumite
    Mortgage-free Glee!
    Well done - i hope to join you in a couple of months!

    PO xx
    :D2010 MFW Challenge No. 112 Mortgage paid in full 27/08/10 I was MF!!!:D
    But now I'm not - (Joint) Mortgage £104704.
    New MFW target £5000 overpayments by 31/12/2105 £400/£5000 = 8%
    SAVINGS TARGET - £25000 by 31/12/2015 £13643/£25000 = 55%
    No 17 Lewis Lane
  • dexter_fan
    dexter_fan Posts: 136 Forumite
    Congratulations :beer:
    MFW 131
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    OP,

    I notice that you went for an IO mortgage. Personally, I consider this a very high risk strategy.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • jennihen
    jennihen Posts: 6,500 Forumite
    Well done - I've marked the link to read later. I'm still not in my new house but as soon as I am I'm going devise my strategy and set some targets.
    One life.
This discussion has been closed.
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