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Average? income overpayer

hebawom · 2013-01-28 10:33:07

I've decided to be a mortgage free wannabe from the off. I got married in September and bought our first home together last month. We've borrowed £127,000 and currently the mortgage term is a whopping 30 years! I'm 34 and other half is 27. And really don't want to be paying off mortgage until I I'm 65! (I'm also a early…

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Poppycat1 Posts: 376 Forumite

13 July 2021 at 6:44PM

Thanks for the update. You have done amazingly well. Not far off that mortgage freedom date. What are your plans to pay the last bit off? I am hoping to remortgage in 17 months to a mortgage with no limits on over payments.

Without overpayments: 15 years, 1 monthsBecause of overpayments: 10 years, 10 months left until paid off
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