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Quest To Pay Off My 150K Mortgage in 3 Yrs!
Comments
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Fantastic achievement DD well done and best wishes for part 2.0
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Thanks everyone for all your supportive comments. During these difficult financial times it's great to have a place to discuss your hopes, fears, dreams and aspirations with like-minded people.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 £45,409.730 -
Dithering_Dad wrote: »Thanks everyone for all your supportive comments. During these difficult financial times it's great to have a place to discuss your hopes, fears, dreams and aspirations with like-minded people.
Too true DD:D
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Fantastic achievement, congratulations! Onwards and downwards...
Caz0 -
cazmanian_minx wrote: »Fantastic achievement, congratulations! Onwards and downwards...
Caz
What she saidA positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effortMortgage Balance = £0
"Do what others won't early in life so you can do what others can't later in life"0 -
I just read through ( most of ) this and feel that you've done a grand job. If only we could all do this ............. sighs ........ but then we'll all just plod on and hope.
Again - well done.
Do keep posting.0 -
skintmostofthetime wrote: »I just read through ( most of ) this and feel that you've done a grand job. If only we could all do this ............. sighs ........ but then we'll all just plod on and hope.
Again - well done.
Do keep posting.
Thanks! The challenge has changed quite a bit since I started. My missus had to give up her job to take care of our little one and so I had to make up for the short-fall in her income and I also started paying into a pension for her. This has meant that I couldn't pay off the entire mortgage in three years, which even with perfect conditions, would have been really hard to do. I do think that we'll be able to half the mortgage by the end of the challenge which I still think will be a brill achievement.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 £45,409.730 -
Congratulations on tackling that interest free part of the mortgage debt.
Congratulations also on landing another contract for the short term. My contract was cut in December (should have run to March) and I haven't anything in the pipeline at the moment.
Am so glad I don't have the mortgage to worry about now!Thanks to MSE, I am mortgage free!
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angelavdavis wrote: »Congratulations on tackling that interest free part of the mortgage debt.
Congratulations also on landing another contract for the short term. My contract was cut in December (should have run to March) and I haven't anything in the pipeline at the moment.
Am so glad I don't have the mortgage to worry about now!
Good luck with landing your next contract Angela. It must be a real weight off your mind not having to worry about paying for the mortgage!
I can't wait until I'm in a similar position - it'd certainly take the stress out of reaching the end of one contract and trying to find the next! :eek: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 £45,409.730 -
good work... keep going !! i'm watching with interest only ..Win Dec 2009 - In the Night Garden DVD : Nov 2010 - Paultons Park Tickets :0
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