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Ambitious Sue tries to clear mortgage by 40... Eek!
Comments
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First overpayment of the year made today, £1000. :jMortgage Free aged 31 :j Thanks, Martin and MSE! :money:0
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we also have a large mortgage, started at £211000 in 2007, currently at £184000, we have made small overpayments.
i will look forward to following your diary0 -
I often think the same that most have bigger mortgages, but bigger incomes.
We have a tiny income (in comparison) but our mortgage is coming down, albeit slowly. It's worth hanging on in there.OPs so far £42,139
Original end date Nov 2037 (53) Current end date June 2024 (40) Aiming for 5 years to be Mf
DD1 Oct 2008:), DD2 Jul 2010:), DD3 Aug 2013:)
When life is getting me down I try to remember to thank God for the blessings0 -
Can I join the MFW 2012 thread please?
I am a single mum to two little girls (3yrs and 1yrs) and this time last year, was in a position to lose my house when my bf of 11yrs decided to leave me. My brother stepped in and we are now the joint owners and determined to overpay on the mortgage and get rid of it by the time I am 40 (April 2021).
As it stands today, the mortgage is £164,798.64
Overpayments in January are £500 (that is the most we can overpay without incurring a charge), so our overpayment plan is £6,000 for 2012 with a large sum of £10,000 (£5,000 each) when our fixed rate is up in April 2013.Pink Sproglettes born 2008 and 2010
Mortgages (End 2017) - £180,235.03
(End 2021) - £131,215.25 DID IT!!!
(End 2022) - Target £116,213.810 -
Well January is going well so far. We have lived off the food in the cupboards/freezer and stayed in quite a bit which has kept costs down. I also discovered that my fuel provider had been wildly overestimating our consumption so they owed us a bit of money. As well as that I've sold a few things on eBay and so I was able to make a £1000 OP, now saving hard for the next lump sum!Mortgage Free aged 31 :j Thanks, Martin and MSE! :money:0
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Well January is going well so far. We have lived off the food in the cupboards/freezer and stayed in quite a bit which has kept costs down. I also discovered that my fuel provider had been wildly overestimating our consumption so they owed us a bit of money. As well as that I've sold a few things on eBay and so I was able to make a £1000 OP, now saving hard for the next lump sum!
Great Sue, well done :TA positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
Mortgage Balance = £0
"Do what others won't early in life so you can do what others can't later in life"0
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