My Mortgage Free Diary

mpgsheep

March 2019 update

£136,366.70 - 2.08% interest, fixed until Dec 2021
£ 39,934.36 - S&S Isa balance
£ 96,432.34 - effective Mortgage balance!

Nothing into S&S Isa until end of the month, but should be some big movement then I hope, subject to work bonus.

mpgsheep

April 2019 update

£135,834.90 - 2.08% interest, fixed until Dec 2021
£ 73,141.25 - S&S Isa balance
£ 62,693.65 - effective Mortgage balance

Doing April update as nothing will change on Monday (except market movements i guess). Had my work bonus come through and allocated most of this to filling in an old cash ISA, which i had only taken money out of last year (ie not adding anything new for 2018/2019). In process of transferring this cash isa then to S+S Isa, so the balance appears there now, hence the big jump down. Very pleased to have at least half the mortgage outstanding in savings, real push then to have it so next year's bonus will tip us over the amount, but need some decent savings in between then.

mpgsheep

May 2019 update

£135,325.50 - 2.08% interest, fixed until Dec 2021
£ 76,047.62 - S&S Isa balance
£ 59,277.78 - effective Mortgage balance

Ticking along nicely, nice to break through the 60k outstanding mark.

mpgsheep

June 2019 update

£134,807.50 - 2.08% interest, fixed until Dec 2021
£ 77,066.28 - S&S Isa balance
£ 57,741.22 - effective Mortgage balance

Nothing exciting to report, just plugging away.
Ticking along nicely, nice to break through the 60k outstanding mark.

mpgsheep

July 2019 update

£134,296.27 - 2.08% interest, fixed until Dec 2021
£ 81,978.41 - S&S Isa balance
£ 52,317.86 - effective Mortgage balance

Again, very uninteresting. Strong stock market makes it look like we making big dents, sure a correction will come soon enough! Is an interesting dilemma, do we at any point just go "screw it, cash out and pay the mortgage down". Or if the market drops 20% in a couple of days, are you cursing not having paid the mortgage off with it? Have no intention of changing things, have time on side to let it go down and up but is going to be a bit depressing!

mpgsheep

August 2019 update

£133,776.47 - 2.08% interest, fixed until Dec 2021
£ 86,807.73 - S&S Isa balance
£ 46,968.74 - effective Mortgage balance

Another strong month for markets meant we effectively reduce balance by over £5,000! Of course on paper only but still nice to look at!

mpgsheep

September 2019 update

£133,263.46 - 2.08% interest, fixed until Dec 2021
£ 86,803.62 - S&S Isa balance
£ 46,449.84 - effective Mortgage balance

Bit overdue this update, but still ticking away.

mpgsheep

October 2019 update

£132,749.49 - 2.08% interest, fixed until Dec 2021
£ 94,153.19 - S&S Isa balance
£ 38,596.30 - effective Mortgage balance

A day early with this update, but whilst I remember..! Had a sharesave scheme mature which all went into the S+S ISA, hence the big jump up, and subsequently down to less than £40,000 effective balance.

mpgsheep

November 2019 update

£132,227.14 - 2.08% interest, fixed until Dec 2021
£ 94,343.95 - S&S Isa balance
£ 37,883.19 - effective Mortgage balance

Again early with the update but away for couple of days. ISA not performed so well hence the small reduction this month, still looking solid though!

mpgsheep

December 2019 update.

£131,711.35 - 2.08% interest, fixed until Dec 2021
£ 97,275.29 - S&S Isa balance
£ 34,436.06- effective Mortgage balance

Another solid month, starting to feel a bit tangibly close...