MF within 10 years or less

Luckyinlife

Depends really how much you have saved up if you have any ?

you be worth keeping a bit on there if you plan to upgrade at any point in the next few years ?

Massive well done as well your sig is sick in an amazing way well done :]

bexster1975

Congratulations. I have about the same amount as you outstanding, but have a large amount offset as an EF for now. Partly as I'm fixed till next july so ERC kick in, partly because I plan to leave my job in time for 2016! Love your list of what you plan to do when it's gone. I couldn't agree more with a less well paid, more fulfilling job. But I have to say my response to what I will do is " an - ny - thing I like"

Good luck whatever you do next

Bexster

qwerty001

thanks luckyinlife,

it may well be an idea to keep the mortgage open, with a nominal amount, for a couple of years or so.

I will need to check how small an outstanding amount I can have open on my mortgage before the bank decides to close it out.

qwerty001

congrats bexster1975,

not too long for you either.

even if jobs don't change, there is the decrease in pressure in knowing you have at least a few more options about changing jobs.

qwerty001

5 Ton to go.

This Month or Next it should be gone, all being well that is.

Decided to just pay it off rather than keep a small amount back.
I'm not intending on borrowing any more for the time being, enough time to save up a bit for needed expenditures.

Luckyinlife

Well done :]
i myself started with the same balance as you 67k just started my journey tho few months back so awesome to see how you v come since you been on this forum.

I Guess its only worth borrowing more if you get another house anything else ie cars extension could be saved up for :]

Any plans once its payed off for ? just save is it ?

qwerty001

Hi Luckyinlife,

plans are Emergency Fund, and repairs to various things on the house, a few luxuries and then some saving towards the next step whatever that might be.......

clear_as_mud

Congrats. You have done so well

qwerty001

cheers cam,

still not there yet,
just wondering what extras the bank will charge for completion/finalisation

qwerty001

1 Ton to go now.....