Mortgage Free in Three Yrs

hughmungas1986

Well done DD, thats fantastic news, good luck with the next part of the challenge :T :T :T

Lynn11

Well done on paying off 1st section of mortgage.

amazamum

Mfit no 13 amazamum reporting.
Our mortgage is now down to 25,050,not a massive drop,but at least it's going down.
Just off to pm Tallgirl.
Good luck everyone

Kaz2904

Well done DD. Not long before you can cross out some more heh!
Hmm, figures, I always give the present reading. So this will be including my payment for January. I do pay it on the 29th of the previous month though and interest is added on the last day of the month it just takes a few days for my snowball to catch up.
I shall go and pm Tall girl now.

StuartGMC

DD
Congratulations on this milestone!
Thanks also for your thread which encouraged me to "have a go" too.
Looking forward to your post stating the next milestone has been achieved in short measure.

CFC

TallGirl wrote: »

Also a quick well done from me it has been great to read all your PM's and remember every little helps even if it is just a few £ it all reduced in the end. I know the chart it not due yet but I can tell you that collectively since we started this challenge we have paid
over 2 million pounds off
:T :T :T :T :T :T :T :T :T :T :T :T :T
I think a big well done is in order. Keep the updates coming I have 7 members who have not updated since March 2008 so they will have to be taken off. Also 8 who have not updated since June 08.

That is a MIND BOGGLING amount of money. Well done us!!!!:T

I appear to be one that hasn't updated since March 08. I thought I had. I must be going loonie.
PM was sent a few weeks ago with new update

Mudbath

Hiya everyone
I've pm-ed tall girl and now i'm reporting in here. We're down to £92003 rom £110000 and can't quite believe it. We've carried on paying the same amount even though the rates have gone down and it's dropping fast. Once i've paid off this 0% card it'll drop even faster as we're going to try and overpay an extra £500 a month off it unless there are any emergencies. This thread is fabulous! Thanks for everyone who set it up / posts etc xx

chloecat_2

£90834.74

Hoped to have it under £90k for start of 2009 but fate conspiring against us. Hubby changed jobs (and is self employed) and i am unable to work due to illness so on IB.

Its a Halifax repayment mortgage and we pay £630 per month. Any suggestions of what i should aim for for Jan 2010 and how to get there?

Ta, Tiddleboo ♥

catshark88

Hello Everyone,

Have just Pd'd Tall Girl with our new figure of just over £127k. Feel stupidly chuffed to be below £130k, although clearly shedloads still to pay off.:eek:

Our figs are going to go back up again quite significantly in the next few months as we are about to have a lot of building work done. Still, at least the house should be much nicer...

Take care everyone, onwards and downwards!

Catshark88

Bargain_Rzl

I checked my 2yr regular saver account yesterday - for some reason I had it in my head that it matured next month, but in fact it's this month - next Friday. On the minus side it'll mean I don't have any savings earning a decent interest rate any more, but on the plus side it'll give me £7k (including the interest I've calculated will be due on the day it matures) to put into my mortgage account. As I'm on the SVR I can pay it all in at once, so will be doing it the following week as soon as my ordinary payment has gone out - and it'll knock my balance down below £40k :j :j It'll also reduce my monthly payments but that just means more money available for OPs.