Mortgage Free in Three Yrs

esthomizzy

PS I'm very much hoping the latest figure will amount to the 0.15% I need to make it to 36% mine.

Kaz2904

esthomizzy wrote: »

PS I'm very much hoping the latest figure will amount to the 0.15% I need to make it to 36% mine.

Not another one with the financial OCD are you?:D I keep looking at mine and wondering what I can do to shave off the last pennies.
My final payment for the windows comes out on Monday and I'm so pleased. It's been like a weight on my shoulders since we bought the darn things!

jessicamb

Please can the thread be taken back on topic now and any personal squabbles between members taken elsewhere.

This is a great thread, full of support for site/challenge members - lets keep it that way.

If somebody is making posts that are offensive to you (in an upsetting way - not that you just dont agree with their point of view) then you have a couple of option: either put that particular user on ignore or report the relevant posts to [Removed by Forum Team]

tattycath

Thanks jessicamb, I totally agree, this is a great thread and I'll be glad when it gets back on topic MFI3 instead of the playground stuff that it has been very recently!!!

Dithering_Dad

Thanks Jessica, and apologies for you having to be dragged back here again. Apologies also to Regular MFi3 contributors for my 'baggage' turning up again. All I can say is that much of this hassle is based on jealousy - we have a great support thread and a great community spirit here and some people feel left out (no fault of ours, some people will always be outsiders) and others feel that we're not listening to their "Don't pay off your mortgage" message.

While I feel bad that these guys come in here because of me, I know that it's not really personal - had someone else created this thread, then they would be the ones getting hassled.

I tried keeping a low profile in the hope that they would find a new target, but that didn't work. I even considered just leaving MSE, but that's just giving into the bullies. Instead I'll just keep posting what I hope are helpful replies on the Pensions/investment board, supporting my MFi3 mates in here and my DFW mates on that board. If these trolls continue to harrass me, then so be it - I have my ignore button and it works a treat.

Again, sorry that these guys keep coming in here, but maybe if we all add them to our Ignore list, they really will get bored and find another thread to ruin?

Anyway, my man David Haye won the boxing, so I'm off to bed now. Thanks for listening

angelavdavis

Speaking also as am ex-DFW and someone who still provides support to others on there, I am appalled how badly people are treated by financial institutions when they are hit by bad luck that any of us could have happen to them such as redundancy or serious illness. My feeling (as well as owning my house outright) is that I don't want these organisations having a hold on me and my family for almost the remainder of my life. No amount of convincing will drag me away from the goal, this has included me ceasing pension contributions - even though I would get tax relief. This was brought home to me when I remortgaged with my current provider, having gone freelance a year before. I was threatened that I was likely to not meet their lending criteria due to not having 3 years accounts! Even though I had been over-paying! It was resolved without problems but drove the need to pay off the mortgage even harder! So, yes whilst it is appreciated that some people may financially be better off paying into ISA's, they may have other reasons for over-paying the mortgage instead.

Little_Mama

Dithering_Dad wrote: »

Some offset accounts let you offset Cash ISAs against your mortgage. This means that your ISA interest offsets the mortgage interest, making your regular monthly payments go that much further. The real advantage though is that once your mortgage is paid off you also have also made full use of your ISA allowances.

Once my current mortgage deal is up I'm really thinking of moving to a provider who does this (I'm fast reaching the conclusion that I WONT have paid off my mortgage in the 3 year challenge period )

Thanks for the info, didn't realise that. Will definitely bear that in mind at remortgage time.

As for paying the mortgage in 3, you're still going to pay it off far earlier than you would. I suppose a lot will depend on the contract market, certainly will for us.

Best wishes
LM

ailuro2

DD- whenever someone you suspect of trolling posts, just ignore it.

Like a bad smell, it goes away if you ignore it.

By posting, you're actually encouraging the 'debate' (feeding the trolls)

We 'know' you well enough now not to pay attention to these folk, but it does get boring watching the subject tossed back and forth.....;)

If you stop answering them, then they'll soon get bored.:D

MUSTBEFUNNY_2

Dithering_Dad wrote: »

You obviously aren't quite ready for the 'closure' you professed to have when you posted just now in my Diary.

Nor are you ready to "ignore" as you professed either...but it is boring I agree with the previous poster about that:rolleyes:.......So this is my final message to you. I hope you can understand.

You are impolite to "some" people and this is why they argue with you. You cannot acknowledge that you are impolite to me or others so instead you like to think that they are jealous of you. In this way you don't ever have to accept that it is YOU that is creating people's anger, the responsibility moves to the other people - quite simple a neat little defence mechanism that means you never have to take responsibilty for your impoliteness. People then get even more angry with you.

So you see it's that simple, nothing complicated - no deep psychological "positive" SPIN that makes you feel good about yourself - "oh they attack me cos the're jealous"......No - we argue because you are impolite..

THE END (for now)

Desperate_Housewife_2-2

Just a quick update as I haven't posted for a while. I'm trying to keep within my housekeeping budget but its hard and I have recognised a habit of mine of bulk buying when things are cheap, good in some ways but I think I've been overbuying and hoarding so I'm in the process of trying to use up what I've got before I buy more storecupboard ingredients.

I think that controlling the housekeeping is the key thing for me paying off this mortgage as its the one thing I can cut down on. There's only so much you can shave off bills. I've got cheap providers for gas, electric and phone and there's no room for manouvre on council tax or water rates for me so its the food budget that is getting a workout this month!

Hope all you guys are doing well and looking forward to the next update