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Mortgage Free in Three Yrs

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  • jobbingmusician
    jobbingmusician Posts: 20,347 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Is it too late to join?

    I genuinely was on a mission to repay in 3 years anyway, but would really like the support (and cheerleading team!:wave: ) that come with this post! (Martin, we need a cheerleading smilie!)

    Current situation - mortgage owing approx £36,000, currently paying £1200 a month on 6.5%. It's an old-style flexible mortgage so I can draw down from it for essentials (I have NO savings to speak of!) as well as pay in.

    Last month I made an extra £800 payment, so I would have contributed to the overall success of this thread if

    - I had found it earlier
    - I had been allowed in (so pretty please can I join now?) :D
    Ex board guide. Signature now changed (if you know, you know).
  • Dithering_Dad
    Dithering_Dad Posts: 4,554 Forumite
    Mortgage-free Glee!
    Hi jobbingmusician, it's never too late! Welcome to the club.

    There's a blimmin' great banner on my OP! (just noticed it when I added jobbingmusician to the throng).

    Well, we have to achieve our targets now, Martin is watching us! :money:
    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 £45,409.73
  • TrikerAndBiker
    TrikerAndBiker Posts: 174 Forumite
    Congrats DD on the mention in Moneytips :T

    Looks like the op is gonna take over the first page!
    Happy riding on two or three
    "We're not complete idiots, we do have some parts missing!" :doh:
  • Gonna be a big gang soon!

    I've been trying to get a moving avatar but whenever I try to save any it just saves them as a picture. Does anyone know how to save it so it stays animated?
  • amazamum
    amazamum Posts: 287 Forumite
    Thanks Lotta Littlies,I have just found it after alot of searching(don't know why it took me so long,must be having a bad day lol).
    While searching my mention is in the Quick Chat Tips box -under ebay half price listing day.


    Congrats Dithering Dad we will all have to keep up with the challenge now we are being watched lol.:T
    Mfit member no 13 original balance £44000 :mad:
    current Mortgage balance 13537:T
  • financialbliss
    financialbliss Posts: 1,951 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Welcome also to financialbliss. I've added your details to the OP.

    Hi Dithering Dad, many thanks for adding me in. See I've been added as no. 20. Did you notice there's 2 no. 19s?
    Mortgage and debt free. Building up savings...
  • ailuro2
    ailuro2 Posts: 7,540 Forumite
    Part of the Furniture Combo Breaker
    Signature updated for this month

    have tried Alt and 156,no joy! but thanks for the tip. Also when I press the hash key I get a backslash. When I hit the @ button I get inverted commas and vice versa - the keyboard has always been like this- if only my real life pounds were worth the double the dollars on here.:rolleyes:

    I do hate to hijack a thread though, so...

    this month our outstanding balance is at £27770.97 DR which has actually gone up from $27640.49 DR :o because we have added on the $399 fees for remortgage,-not a good move I know,but we know we have employee shares coming out in August that will pay it all off-we are in the middle of saving up for summer holiday spending money at the moment otherwise we would have paid it outright.

    p.s. Dithering Dad....Regarding your rule number three....my moustache isn't that noticable, and I do trim it regularly....:rotfl:
    Member of the first Mortgage Free in 3 challenge, no.19
    Balance 19th April '07 = minus £27,640
    Balance 1st November '09 = mortgage paid off with £1903 left over. Title deeds are now ours.
  • Our mortgage stands around £46626 give or take a few quid - monthly payments required £345 (2 year fixed ends in October) - savings currently at higher rate than mortgage £720
    Interest free kitchen improvement loan to pay 20 April 2008 £6500 - savings currently £4044 + £531 + £750
    Self employed foster carer - savings for Inland Revenue £1000
    Various annual household/car bills - savings £1350
    Credit Cards x1 0% £39, others x3 due at end of month £333 - current account covers all
    Holiday villa balance due £585, spending money £165 - in current account

    A&L Current Account
    ICICI Savings Account
    Halifax Regular Saver

    Also about to move money from A&L/ICICI to ISA - probaly more stuff to mention but too tired to think anymore today!

    OH does agency work and helps me with foster kids 2 x 7 years - I have MS. No work & no kids = no pay, but hopefully we will both remain in demand with local authorities. They seem to think we're great right now!

    Mother in law just passed meant time off, Dad in hosp having had heart attack & then stroke, brand new - 2 days old - kitchen flooded 9pm Friday night, youngest sister - of 4 - not speaking to me, fallen out with Mum BUT determined to see this ALL OFF! 3 BEAUtiful grandchildren and son has FINALLY gotten dream job for games company as games tester - lol, and recently moved into decent sized home for his family! There is light in me tunnel - hurrah!

    Multi - millions here we come - so look out big banks - together we're gonna beat you!
    :( Struggling too much wears a body out :cry:
  • Kaz2904
    Kaz2904 Posts: 5,797 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    You got a £ sign in- do you remember what you did?
    What do you get if you press\?
    Have you actually lifted up the keyboard and pulled out the gremlins? Or maybe you could try hitting it and swearing a few times? - I know some terribly rude words if you can't think of any!!!
    Debt: 16/04/2007:TOTAL DEBT [strike]£92727.75[/strike] £49395.47:eek: :eek: :eek: £43332.28 repaid 100.77% of £43000 target.
    MFiT T2: Debt [STRIKE]£52856.59[/STRIKE] £6316.14 £46540.45 repaid 101.17% of £46000 target.
    2013 Target: completely clear my [STRIKE]£6316.14[/STRIKE] £0 mortgage debt. £6316.14 100% repaid.
  • Shift and 3 gives me £ - don't know if it makes any difference but I'm using an eMac? Hope this does help!
    :( Struggling too much wears a body out :cry:
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