Mortgage Free in Three Yrs

ailuro2

mojo_jojo wrote: »

Sent the details to TallGirl, but now which mortgage challenge can I join??

well done for beating target and reaching your own one, there's another MFi3, it's usually up at the top of the MF wannabe forum, think they might still be taking new challengees (if that's even a word!)

shazzany

Well i intended to pay off my £45k mortgage but instead reduced the balance to just over £13k. No lovely hols for us but a mixture of my OHs income going down ( not so good) and me giving up work so I could spend more time with my gorgeous girls ( definitely worth it!).

It's been a very frugal last 18 months with no OPs atall and I have ended up back doing some supply work to make ends meet but OH is due to start a new better paying job v. soon .

Just as this challenge ends we will be back in a position to start hammering the mortgage again! And whilst it was me who started the 'paying off the mortgage' mania in our house it's actually now my OH who has the most motivation to pay the last bit. I quite fancy a nice holiday!

~daisy~_2

~daisy~ wrote: »

am holding out for my end of year mortgage statement - am anticipating a balance of around 14k
would have made a bigger dent but bought a mini convertible back in november ....

if it doesnt appear i will ring for a balance on monday

got fed up off waiting and didnt want to miss the chart AGAIN !!

balance as of today is £13,452.00 - reckon would have been about approx £11,000 if we hadnt bought the mini

not sure what is going to happen this year tho as we hoped to have it paid off by christmas but my husbands stroke has left things a bit up in the air - not sure when or if or how he will get back to work - currently on 6 months full pay sick leave but that will only take us up to july not sure whats going to happen after that

well done everyone and thanks so much tallgirl :T

cupid_s

black_taxi wrote: »

9k holiday---must of eaten some nice places

tell us more

We went to the Galapagos islands. We thought about not going until we’d paid the mortgage off but it was our 5 year anniversary. In that 5 years we’ve bought our house, I did my masters degree, we both completed our PhDs and both finally got jobs so we thought that we’d achieved a lot. Also we were pretty far ahead with our target and figured it just wouldn’t be as special if we went after our actual anniversary. It was amazing and we saw so much more wildlife than I ever thought we would. It was definitely 9k well spent.
We’re planning our next big holiday now but that will definitely wait until we’ve paid the mortgage off.

TallGirl

Just done the chat will post it later today if anyone wants to PM me. I had over 30 PM's so we are now up to date. Well done everyone.

Kaz2904

I got my statement today and the balance I was given over the phone was over £160 out. It means that I have actually repaid 100.77% of my original £43000 target, whoop whoop!

hughmungas1986

Kaz, congratulations, thats a fantastic achievement :j

hugh

setmefree2

Well Done Kaz

ailuro2

Wanted to point out this is the LAST DAY OF THE MFI3 THREAD.

I think we all deserve to sit down and raise a glass to ourselves, we've all worked hard to get to here, whether we got it all paid off or not.

This has to be one of the few threads on MSE that has never generated into a tit for tat slanging match with multiple posts with multiple quotes detailing who said what..:rotfl:

CHEERS EVERYONE!!:beer:

p.s. anyone got Martin's e-mail address??:money:

He should give us a write up in next week's newletter since we're the first MF challenge thread to celebrate our third birthday.:T

This obviously is one of the best ways to exact consumer revenge, by keeping millions of pounds of interest out of the bank's coffers.:D

skaps

Has the last chart been published yet?