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

18081838586133

Comments

  • Twiggy_34 wrote: »
    As I manage all the bills etc & he simply pays me his half each month when I tell him how much it is, I'm very tempted to overrule him and arrange for the maximum over-payments without telling him... Is that very naughty of me? It's not like we're talking about a huge sum of money!

    I think that's pretty standard practice around here!
    Mortgage Free thanks to ill-health retirement
  • Evening All

    Last update of this year declaring £7,999,99

    Every penny counts somehow!

    Someday Soon
    Completely Debt Free 2009:j

    Completely Mortgage Free 2013:j
  • lulabelle1
    lulabelle1 Posts: 2,704 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Hi - hope everyone is doing well...

    I've just updated, new balance = 78,017

    Thanks, L x
  • #50 here with my update. Don't fall over with shock because I am actually early this time!


    Down to £30,566.50. My standard £500/month OPs aren't going to make me reach my target so I need to stretch myself a bit, which I haven't managed until now. Won't be doing any extra any time soon as I have some rather large unexpected bills to deal with, as well as some expected ones.


    Happy Christmas to everyone on here. Let's look forward to a successful 2014.
    What goes around comes around.....I hope!
  • trix-a-belle
    trix-a-belle Posts: 1,532 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    edited 6 December 2013 at 11:49AM
    Number 97 declaring £18850 (form submitted), £105 adrift of where I had planned to be but unexpected expenses happened but should be able to catch the money back up in the next quarter & get back ahead of the curve but its all heading in the right direction
    - Mortgage: 1st one down, 2nd also busted
    - Student Loan gone
    Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps
  • Number 81 - just added my update to the form.

    I think I'm schedule to meet my target by the end of the challenge, but I'm going to see if offsetting or stoozing will make a difference, and then hopefully, I will be able to finish it off earlier! :)
    Mortgage started July 2010 = £223,314
    Mortgage @ March 2014 = £0

    MFiT-T3 No.81
    Mortgage-Free challenge completed.
  • sammy70
    sammy70 Posts: 1,010 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    number 133 updated!

    looking forward to setting my new year targets to beat my mortgage free date of 36 months/September 2016!

    I continue to work towards our forever home in the countryside

    X Sammy X

    :xmastree:
    current official end date of mortgage= 2037-aiming for 1st March 2029. mortgage balance start of challenge- 25/11/2016 £245,695 mortgage balance 05/06/25 - £101,353.67 2025 challenge- get mortgage balance to £95,000 by new years eve 2025, and a years outgoings in premium bonds after water system paid for
    Make £11,820.96 in overpayments in 2025
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Sent my update in - I'm hoping I'm still on track :)
    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
  • brizzledfw
    brizzledfw Posts: 7,302 Forumite
    Debt-free and Proud!
    Well not been a great year for paying off the mortgage as we have been focussing hard on the CC debts ( all at 0 % but I want them GONE!) but still under £175k now so feel very pleased.

    Here's to some serious debt busting of the mortgage in 2014! :D
    MFiT-T4 Member No. 96 - 2022 is my MF goal :D
    Winter 17/18 Savings Rate Goal: 25% [October 30%] :T
    Declutter 60 items before 31.03.18 9/60 ** LSDs Target 10 for March 03/10 **AFDs 10/15 ** Sales/TCB Target 2018 £25/£500 NSDs Target 10 for March 02/10 Trying to be a Frugalista:rotfl::T
  • Great news.....:j

    I'm out of the starting blocks. I've upgraded a Nationwide Flex account to a FlexDirect account and stuffed £2,500 in there at 5%, so I should be able to at least report that as a starting balance. Need to do some sums / cash flow projections this evening to see if I can afford £600 for two First Direct regular savers at 6%. :D

    Intent to pick up on challenge updates probably tomorrow and Wednesday with the next chart being on the 12th December, ie this coming Thursday.

    If you've not put an update in yet, now's the time to do so...

    FB.
    Mortgage and debt free. Building up savings...
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