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Mortgage free three year challenge...

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Comments

  • Hi FB, sounds like a good idea. It is going to take me until August 2016 to be mortgage free but the challenge would certainly help keep the focus on until end December 2015 - and then I would only have 8 months to go - YAY

    Tiily
    2004 £387k 29 years - MF March 2033:eek:
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15 :j
  • MuffinTops
    MuffinTops Posts: 2,477 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    A huge resounding yes from me too. I'm a couple of months away from making over payments and am planning on reducing my mortgage term from 8 years to 3 years so this will be bang on target for me. Getting extra support from here may encourage me to reduce by even more - who knows! This site has already created miracles for me!!!
  • Spiggle
    Spiggle Posts: 1,787 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi FB,

    I voted yes some time ago and thought I'd better do as others are and post to register my interest in this. You are great thinking of doing this, thank you.

    All the best,
    Spigs
    Mortgage Free October 2013 :T
  • misswissy
    misswissy Posts: 264 Forumite
    I'd definitely be interested.
  • Anna_Glypta
    Anna_Glypta Posts: 264 Forumite
    Mortgage-free Glee!
    I'd love to get involved. Will certainly focus the mind.

    AG :j
    4 February 2014 - Mortgage Free

    MFW14 no 67 - overpayment goal £6,200/£6,200
    Save 12k in 2014 no 142 - savings goal £5,300/£12,000
  • tjp70
    tjp70 Posts: 476 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Yes please, count me in.

    I have two endowments (with huge shortfalls obviously :mad:) that mature in 2015 but am aiming for a MF date of 10.12.15 so this challenge will keep me on track. Just need to make up the shortfalls by that time.

    I love a challenge..........(off to seek help)
    If Plan A fails, remember there are 25 more letters
  • Awww I missed the poll but I'd defo be up for it. Dec a good starting month for us because remortgaging in Nov.
    MFW: Nov 2008 £156k, Jun 2015 £129k, Jun 2017 £114k.
  • Hi :j

    Missed the poll too, but is a def yes to a challenge.
    Mortgage: Aug 12 £114,984.74 - Jun 14 £94000.00 = Total Payments £20984.74

    Albert Einstein - “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”
  • foxblade
    foxblade Posts: 81 Forumite
    Me too, I would be interested as it will the first time I can realistically join in. :beer:
  • megela
    megela Posts: 755 Forumite
    Ninth Anniversary
    Another one who missed the poll but would like to join so count me in.

    Thank you.
    Re-mortgaged 20/04/12 MTiT-T3 No.7
    Start balance £89611.10 + £22500 = £112111.10/Current balance £85436.53
    Original Mortgage Free Date April 2032
    Target Mortgage Free Date July 2022/Currently August 2029 (based on no offset)
    Total overpayments from 20/04/12: £8152.95
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