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Mortgage Free in Three Yrs

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Comments

  • angelavdavis
    angelavdavis Posts: 4,714 Forumite
    Mortgage-free Glee!
    Good luck with it Charlie and thanks for the positive comment
    :D Thanks to MSE, I am mortgage free!:D
  • :smileyhea My partner has asked me to marry him! Hooray! :happyhear

    :j :j :j I'm now the happiest MFW in the challenge.:j :j :j

    In case you haven't guessed, I said YES!

    just to remind us all (me especially!) that there are even better things in life than paying off your mortgage!!! :p

    (Especially relevant to me, as I may have to scrape back some of my overpaid mortgage to pay for DH to have an operation, if the NHS doesn't pull its socks up! _pale_
    Ex board guide. Signature now changed (if you know, you know).
  • LJD1_2
    LJD1_2 Posts: 2,173 Forumite
    Congratulations Trying to be good - lovely news.

    I've not pmed you this month TallGirl because i'm still waiting for my statement. It's lost in the mail! Hopefully getting a replacement soon.

    Hope everyone is well and paying of the £££s - whether it's £1 or £1000 xx
    January budget
    Nothing left!
  • TallGirl
    TallGirl Posts: 6,234 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hi all
    Just arrive back from my long trip from the West Country so will try to update the spread sheet onight and get it on here later on tonight.
    Save £12k in 25 No 49
    PB Win 21 £225, 22 £275, 23 £900, 24 £750 Balance Dec 25 £32.7K  
    Plan to move to Denmark for FIRE by Autumn 2025 “May your decisions reflect your hopes not your fears”
    New diary aiming for fire https://forums.moneysavingexpert.com/discussion/6414795/mortgage-free-now-aiming-for-fire#latest

  • TallGirl
    TallGirl Posts: 6,234 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Here we go what you have all been waiting (I hope) the fully fledged ready to go chart. Please see below for an explanation of the colours. I know it is very small and it migth be difficult to read unfortunately I don't think I can make it any bigger.

    I just want to say a big pat on the back to everyone we have so far paid off a massive

    £916,677 :T :T :T :j :j :T :T :T

    MFi308.jpg
    Save £12k in 25 No 49
    PB Win 21 £225, 22 £275, 23 £900, 24 £750 Balance Dec 25 £32.7K  
    Plan to move to Denmark for FIRE by Autumn 2025 “May your decisions reflect your hopes not your fears”
    New diary aiming for fire https://forums.moneysavingexpert.com/discussion/6414795/mortgage-free-now-aiming-for-fire#latest

  • benbenandme
    benbenandme Posts: 12,350 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Photogenic
    Thank you Tallgirl :beer: WELL DONE EVERYONE !!!! :j :j :j :j
    Mortgage Total: £51,549 / £75,000
    Mortgage Overpayments Pot £1079
  • Thanks TallGirl:T

    Fantastic everyone!!
    Original Mortgage April 2006 £138,485
    Mortgage December 2011: £106,322
    Mortgage May 2013: £79,900

    Mortgage free goal date: 31st December 2015

  • ~daisy~_2
    ~daisy~_2 Posts: 2,566 Forumite
    oh yaay well done us !!

    thank you :)
    :j MFi3 wannabee :j
    mortgage owing 04.07 £36,000
    mortgage owing 07.10 £0 !!!!
  • 1274
    1274 Posts: 125 Forumite
    The chart is great news for us all so...why am I depressed by my figures (which I obviously knew anyway before TG posted the chart and I'm over 50% of the way towards my goal)?

    I know this doesn't make sense at all but my remaining balance seems so high compared to some of you lucky peeps that paying it off (even with overpayments) is still 5/6 years off and this seems like a life sentence at my age.

    Sorry, don't want to rain on the parade. I just hate the fact that 50% of my monthly payment is pure interest and that the calculator shows several years before this reduces to something even slightly more acceptable e.g. 30%


    Anyways, feel free to ignore my moan. You have all done very well.
    2009 CLEAR MORTGAGE:starmod: (17/2/09) LIVE ON 4K Q1:staradmin(£5,405) SAVE 30K (£9.500)
  • djbd1973
    djbd1973 Posts: 508 Forumite
    Part of the Furniture Combo Breaker
    Hang in there 1274. Its not a race and any reduction to beat the system is still a reduction.
    Gordon Brown ate my hamster
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