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The Mortgage Free in Three - Take 3 challenge (MFiT-T3)

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Comments

  • Peonie
    Peonie Posts: 1,471 Forumite
    Number 86 with a balance of £137,000. I hope to make another overpayment later this month but it will be after the 12th :(
    Pots: House £6966/£7100, Rainy day Complete, [STRIKE]Sunny day £0/£700[/STRIKE], IVF £2523/£2523, Car up-keep £135/£135, New car £5000/£5000, Holiday £1000/£1000, MFW #16 £2077/£3120
    MFiT3 #86: Reduce mortgage from £146,800 to £125,000
    Mortgage Sept 2014: £135,500, MF Oct 2035 Peak July 2011: £154,000, MF July 2036
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    balance June £5941
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • abouttimetoo
    abouttimetoo Posts: 1,860 Forumite
    Part of the Furniture Combo Breaker
    Wow Black Taxi, that's a brilliant balance :j

    Regards
    ATT
    MFW Start Date 1.4.08. Updated 23.1.18. MFW date 1.8.18
    Original Mortgage o/s £187,643 / £71,904 (-115,739)
    Repay o/s £92,661 / now £55,900 (-36,761)
    Int Only o/s £94,982, now £16,004 (-78,978)
    Total daily interest £1 [a) £0.77 b)£0.23
    Total OP's:2018 target £TBC YTD £1,995
  • ElusiveLucy
    ElusiveLucy Posts: 686 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    Hope you are recovering from your accident FB.

    #50 reporting in for 12th June as my OP for June has gone in today = £23,890.61

    Since we are now half way through the challenge, I am lagging behind and there is probably no chance of catching up this year with the expense I have coming up....ho hum, will have to do better next year!
    What goes around comes around.....I hope!
  • BlueDaisy
    BlueDaisy Posts: 268 Forumite
    Part of the Furniture 100 Posts Combo Breaker Xmas Saver!
    No 158 reporting in.

    Have updated my balance using the googledocs link, but my balance is now £73,045.

    Stash Busting Challenge Made 16 / 50 (Get blimmin' organised!)
    MFiT - T3 #158 [STRIKE]£76920[/STRIKE] £66962 reduce to £57K by Dec 2015 - MFD Dec 2022
    Mar AFD 9/18
  • No:19 reporting £16400 thanks FB!
    £14, 500 to go
  • Nothing further to pay prior to the 12th so updated googledocs....good luck everyone!!:D
    Mortgage 12.12.12 £55842 12.12.13 £42716 14.12.14 £28837 13.12.15 £25913
    Mortgage OP £50/£600 House Fund £420/£5000
  • HelenDaveKids
    HelenDaveKids Posts: 3,177 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    HdK reporting in, can't believe it's that time already! £37.5k.
    Morgage till Nov 30 GOAL MFW Sept 2016
    Aug 11 - £100k Aug 2016.... It's GONE!!!!!
    2014 GOAL HIT 5 Stone! 2016 GOAL to be a MF marathon runner.
    "A goal without a plan is just a wish"
  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Lomcevak wrote: »
    Number 126 reporting in again. As of today the mortgage stands at £174,818; so £11,551 down since the start of the MFiT-T3 challenge, and i'm 31.76% of the way there. Stuck in the red as expected, but slowly catching up and should at least see yellow by the end of the year :D

    Mini-target is to drop under £170k by the next update (the half-way point!) but may be a touch too far

    Well the mini-target was a touch too far. I'm declaring £170,348, so £4,470 paid off since last time and a touch over £16k down in the first half of the challenge. Still in the red I suspect, but getting closer to where i'm supposed to be :)

    Still seems such a long way to go though :(
  • Twiggy_34
    Twiggy_34 Posts: 685 Forumite
    Submitted my form just under a week ago, but my current mortgage balance stands at £62,860.98, so only £2,860.98 to meet my MFIT-T3 target! :)
    £12k in 2019 #084 £3000/£3000
    £2 Savers Club 2019 #18 TOTAL:£394 (2013-2018 = £1542)
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