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Making chicken feed of my mortgage

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Comments

  • Goldiegirl
    Goldiegirl Posts: 8,806 Forumite
    Part of the Furniture 1,000 Posts Rampant Recycler Hung up my suit!
    Welcome home - and you have done an amazing job with the overpayments.
    Early retired - 18th December 2014
    If your dreams don't scare you, they're not big enough
  • Purplesky_2
    Purplesky_2 Posts: 152 Forumite
    Mortgage-free Glee!
    That's fantastic! Congratulations! If my maths is right you've cleared over 50% of your mortgage!

    Maybe I missed it, but why did you stop paying off the further advance and start focussing on the original mortgage?
  • muddywhitechicken
    muddywhitechicken Posts: 3,940 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Purplesky wrote: »
    Maybe I missed it, but why did you stop paying off the further advance and start focussing on the original mortgage?

    Mr MWC took a gamble and changed jobs at the end of last year. There is an element of risk (the salesperson hasn't sold a single instrument this year :eek:) so I thought it sensible to have access to the further advance OP pot for another year or so in case our plans have to change...
    Mortgage at highest (April 2008): ~£195,000
    Mortgage-free: January 2021
    Retired: June 2022 (186 months early!)
  • muddywhitechicken
    muddywhitechicken Posts: 3,940 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Well I've survived the first day back at work :T

    And I've started sorting through the holiday photos... but you'll need to be patient with me!

    Eggs IN 5
    Eggs OUT 0
    Mortgage at highest (April 2008): ~£195,000
    Mortgage-free: January 2021
    Retired: June 2022 (186 months early!)
  • muddywhitechicken
    muddywhitechicken Posts: 3,940 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Please can someone pause the world and let me catch up?!

    Or at least slow it down so I can make a list :rotfl:

    Although I'm struggling to get everything back under control, I have OP'd £1,000 to the mortgage (a share dividend + the underspend from Vietnam + a surplus in the joint account) this evening :)

    Eggs IN 5
    Eggs OUT 1 (I dropped it :doh:)
    Mortgage at highest (April 2008): ~£195,000
    Mortgage-free: January 2021
    Retired: June 2022 (186 months early!)
  • QB_Wolf
    QB_Wolf Posts: 722 Forumite
    Great OP MWC :T
    Start Date 16/09/2015
    Original amount outstanding = 225,000 Current amount outstanding =199,812
    Original LTV = 64% Current LTV = 49%
    Original Pay Off Date = Sep' 36 New Pay Off date = Sep' 36
    Original Dly Int = 17.17 New Dly Int = 17.17 Total OP = £1319.31
  • greent
    greent Posts: 10,783 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Fab OP :)


    x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2024: £20
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Great stuff :j. Not the egg though :(
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    +1 and a shame about the egg. Hope you're not dizzy after slowing the world down a bit :)
    2023: the year I get to buy a car
  • Watty1
    Watty1 Posts: 6,861 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Great re overpayment.
    Made it to mortgage free but what a muddle that became

    In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!
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