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Quest To Pay Off My 150K Mortgage in 3 Yrs!

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Comments

  • Dithering_Dad
    Dithering_Dad Posts: 4,554 Forumite
    Mortgage-free Glee!
    Wow - that's some challenge - good luck - hope your company brings in that kinda dosh.
    What is Dithering Mum (soo much nicer than Mrs Dither don't you think) doing towards this?

    I did kind of wonder about how to name my OH and came up with Mrs. Dither because Mrs. Dad sounded a bit odd. ;)

    Dithering Mum works part time at a college and is hoping to get a few extra hours from September. Her main contribution though is to take care of our little girl who has dyspraxia. One of my main motivations for the POYM is so that when the time comes, we can afford to send our little one to private school. We want her to have as many educational advantages as we can possibly give her. Dithering Mum also spends a lot of time teaching 'lil one to count, read etc.

    I'm actually starting to fill up at the thought of my special girls, so will leave it there :o
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • comping_cat
    comping_cat Posts: 24,006 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    One of my main motivations for the POYM is so that when the time comes, we can afford to send our little one to private school. We want her to have as many educational advantages as we can possibly give her.

    This is an excellent reason to want to be mortgage free, i really hope that you succeed. Good luck!
  • DD - just sent you a pm
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Good luck with this, shall be watching with interest :)
    nicola x
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • Wishing you all the luck. It sounds like a huge amount to find, but I'm sure if you are determined you will do it.
  • wiggly
    wiggly Posts: 292 Forumite
    100 Posts
    wow this is an amazing aim :) good luck
    Trying to get on top of finances one step at a time
  • doitmyself
    doitmyself Posts: 1,042 Forumite
    Sounds like some kind of a plan. The common sense elements of this are, well, common sense and should be taken anyway but don't relieve yourself of a bit of manageable debt and then do yourself in with all that physical exertion and pointless and possibly unachieveable targets. Get it in perspective, nothing wrong with debt in the right measure.
    Good luck, don't kill yourself
  • Redbedhead
    Redbedhead Posts: 1,131 Forumite
    Good luck!
    MFIT No. 81
  • cazmanian_minx
    cazmanian_minx Posts: 4,048 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud!
    Good luck with it :beer:

    CAz
  • jackie_w
    jackie_w Posts: 1,077 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Hello DD,

    Wishing you every success in your new business & paying off your mortgage early.


    I will definetly be keeping an eye on this thread and also the other one youve started to get "tips" because my goal is to pay off my mortgage early too.

    Jackie
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