Mortgage Free in Three Yrs

AnW'sMum

Right I think I am over the jetlag and have updated my spreadsheets from TG's latest chart

Based on the info DD and TG have in their charts and by my reckoning the total of mortgages plus pension pots other savings of the 71 active participants is £6,885,858.91 with a collective aim to reduce this by £2,777,550.49 during the course of the challenge.

So far the total amount repaid is £355,157.15 or 12.79% of total pledged. To be bang on track at the end of month 4 (ie end of July) we should have repaid 11.11% so collectively we are ahead of target by £46,662.85 :j

Just for a bit of fun I have also looked at how many of these mortgages we would have paid off now if we started with the smallest mortgage and worked towards the biggest! Those who would be MF now in this scenario would be: sparklymessygirl, Mushy61, pariskate, ailuro2, inkie, GreenNinja, cazmanian_minx, jobbingmusician, Pandora123, Desperate Housewife, Karmacat and amazamum

Looking forward to the next update

*woooooooohooooooooooooooooooooo* well done

AnW'sMum

Well..... not including pension pot savings according to my chart DD is at 64 this quarter. Or to put it another way we only have to collectively pay another £4,964,591.46 before we start to repay your mortgage :eek: if we say it quick it might not seem so much!

dawnylou

Oh no! I'm so sorry - I missed the cut off!

Will I just send all info on extra payments next time??

Kaz2904

Thanks for the chart Tallgirl. It's looking grand isn't it! I sat down earlier to work out whos mortgages we'd paid off by now but lost track!


So, I took the stuff back to Tesco and said
"I bought these earlier on today but none of them are the right sizes and I've left me receipt at home. Can you just give me a gift card for them?"
"No, sorry we can't refund any clothes without a receipt. You can change them for the right sizes though?":eek:

Now what do I do? I was thinking that I could separate them into mens and ladies and return them on different days. I did think about going to a Tesco express but didn't think they'd take them. Ho Hum. I should have bought them in with a big shop so it wasn't noticeable on the receipt.
I suppose the alternative is to exchange for different clothes and then swap them in 28 days and then swap the new ones and so on until we actually need the clothes:rotfl:


BTW, after my shock application for a cc, I sat waiting for it patiently and it hasn't arrived so I thought maybe I would be able to see online if it has been approved. I went online and checked in and I had to finish the application online. So I just ticked a box and it was done and I now have a credit card winging it's way to me with a £5500 limit. It's a shame that I can't BT this straight onto my mortgage isn't it!
I think my next step is to apply for another cc and bt from that to my egg and onto my mortgage and then reduce my monthly overpayment to the mortgage to make sure I pay off the cc. I wonder what kind of credit limit I'll get? Or do I get DH to apply for a cc and bt from that to my egg?
Thinking aloud now. I'll mull over it and see what to do.


Anyone know if I can bt from my egg card to a mortgage or a none existing debt? Or could I bt from the egg card to my sisters egg card? Is that allowed? Maybe I should have words with big sis and start begging!

minimoocow

The chart is fantastic!!!! Thanks Tall Girl - great effort.

Everyone is doing so well!!

:j :j :j

Good luck to everyone, lets keep this up!

MMC

taka

Sorry TallGirl I forgot to thank-you yesterday!

:T :T :T :T Thank-you TallGirl (and DD for starting the thread) :T :T :T :T
:T :T :T :T Well done everyone! :T :T :T :T

Karmacat

Ooh, that is fun, AnW's Mum: how nice of everyone to pay off my mortgage! Yep, I deffo like the sound of that. :rotfl:

inkie

Thanks TG for the update - it's really encouraging seeing in black and white how we are eating away at this!

comping_cat

Thanks for all the hard work TG, its great to see how everyone is doing, and keeps us all encouraged to carry on!!!!

minimoocow

AnW'sMum wrote: »

Just for a bit of fun I have also looked at how many of these mortgages we would have paid off now if we started with the smallest mortgage and worked towards the biggest! Those who would be MF now in this scenario would be: sparklymessygirl, Mushy61, pariskate, ailuro2, inkie, GreenNinja, cazmanian_minx, jobbingmusician, Pandora123, Desperate Housewife, Karmacat and amazamum

Come on gang - lets keep going so that by the next update we have paid MY mortgage off!!!! :rotfl: :rotfl: :rotfl:

(Not that I'm biased or anything!;) )

MMC