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Finally I have a mortgage I can start to pay off!

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Comments

  • South_coast
    South_coast Posts: 6,203 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Ooh interesting, it's something I've always avoided due to being terrible at maths, but if it really is that straightforward it could be something to investigate during my forthcoming time on my hands.... Thanks! Will give it some thought!
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • Suffolk_lass
    Suffolk_lass Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I would like to have a go at this but I did not understand the references you made for getting started (guessing somewhere in the forum I don't go normally, but not sure about video). Please could you unpack a little. Have a good weekend. Wimpole Hall with your Mum sounds great!
    Save £12k in 2025 #2 I saved £14,660.97 of £6000 or 244.35% of my target. The 2026 Save £12k in 2026 thread is here
    OS Grocery Challenge in 2025 I finished the year at £2880.99/£3000 or 96.03% of my annual spend so I am sticking with a £3000 annual budget for 2026
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the grow your own in 2026 discussion thread
    My keep within our budget diary is here
  • South_coast
    South_coast Posts: 6,203 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    All sounds lovely and peaceful - apart from the tumble 😳!
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • newgirly
    newgirly Posts: 9,488 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hi vix, thank you the matched betting is now on my to do list. I remember looking into in years ago after seeing it on here but to be honest it seems a bit overwhelming, I need it explaining very simply 😂
    MFW 67 - Finally mortgage free! 💙😁
  • Suffolk_lass
    Suffolk_lass Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks TMV, I will take a look next time it rains - outside all day in the sunshine trying to gain a bit of order in the garden!
    Save £12k in 2025 #2 I saved £14,660.97 of £6000 or 244.35% of my target. The 2026 Save £12k in 2026 thread is here
    OS Grocery Challenge in 2025 I finished the year at £2880.99/£3000 or 96.03% of my annual spend so I am sticking with a £3000 annual budget for 2026
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the grow your own in 2026 discussion thread
    My keep within our budget diary is here
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