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Almost Mortgage Free last £600
happylife
Posts: 108 Forumite
Almost done it. Mortgage Free
No CC debt so almost free from the banks...:j
Just got a Statement today....
our property 150,000.00
Your current facility -32,723.00
Your balance (22 Apr 11) -575.85
Your available facility 32,147.15
Uncleared funds 0.00
I don't think I could have done this so quickly without the Offset and flexible mortgage. It does really make you think about your spends.
Only problem is
I'm really really tempted to get another property and start paying that off also (or get a buy to let)
Good luck everyone it can be done!!!
No CC debt so almost free from the banks...:j
Just got a Statement today....
our property 150,000.00
Your current facility -32,723.00
Your balance (22 Apr 11) -575.85
Your available facility 32,147.15
Uncleared funds 0.00
I don't think I could have done this so quickly without the Offset and flexible mortgage. It does really make you think about your spends.
Only problem is
I'm really really tempted to get another property and start paying that off also (or get a buy to let)
Good luck everyone it can be done!!!
0
Comments
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Well done Happylife, you're sooooo close now. Don't forget to post on the Mortgage Free Roll of honour sticky when you've paid that final bit off. You must be feeling great :jMFW Start Date 1.4.08. Updated 23.1.18. MFW date 1.8.18
Original Mortgage o/s £187,643 / £71,904 (-115,739)
Repay o/s £92,661 / now £55,900 (-36,761)
Int Only o/s £94,982, now £16,004 (-78,978)
Total daily interest £1 [a) £0.77 b)£0.23
Total OP's:2018 target £TBC YTD £1,9950 -
Almost done it. Mortgage Free
No CC debt so almost free from the banks...:j
Just got a Statement today....
our property 150,000.00
Your current facility -32,723.00
Your balance (22 Apr 11) -575.85
Your available facility 32,147.15
Uncleared funds 0.00
I don't think I could have done this so quickly without the Offset and flexible mortgage. It does really make you think about your spends.
Only problem is
I'm really really tempted to get another property and start paying that off also (or get a buy to let)
Good luck everyone it can be done!!!
Well done you, I still have the last £1600 to save up :mad:Mortgage Free as of 31/5/11 :j:j:j:j:j:j:j0 -
Congratulations and well done on making it!RosieTiger - Highest £242,000 Feb 2004 :mad:
Lightbulb Dec 2008 £146,000 by March 2026:eek:
MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
Current Position-Fully off set by savings since March 20130 -
Congratulation on paying off your mortgage :beer:
Are you going to take on another mortgage now?Mortgage Free Date
[STRIKE]Original: Jun 2041[/STRIKE], Current:Nov 2022, Target: Oct 2020
Debts
[STRIKE]2010/02 £14,500[/STRIKE], 2011/02 £13,000, Target 2012/01 £0K
11k in 2011 challenge #32 4.8%0 -
How long did it take you to pay it off?
Original Mortgage Debt - £130,330.
Current Mortgage Debt - £116,605.
2010 O/Ps - £5,000. 2011 O/Ps - £1,978.42.
Original Loan Debt - £6,000. Current Loan Debt - £3,500.
Original HP Debt - £1,000. Current HP Debt - £240.0 -
oo well done. it makes me so jealous that i'm 9yrs away (if we don't get another lol)I have dyslexia, so get used to my spelling and grammar
Mortgage pay off date 11/2028. Target 12/2020 :rotfl:
Current Balance £33921Declutter 2123/20160
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