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Back from the brink of disaster....now to pay off £160,400 interest only mortgage :-(

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Comments

  • Beckyy
    Beckyy Posts: 2,833 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I'm guilty of too much overtime sometimes and it can really drain you. I hope you're getting a chance to put your feet up!
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    Hello Kate :hello:

    Another single parent here joining the merry throng of readers of your diary. Will look forward to reading further updates.
    Cheapskate_Kate wrote: »
    So mortgage now stands at 157,115 :j
    and ISA has £2500 in savings. .
    Cheapskate_Kate wrote: »
    Good news means mortgage is currently £149,215, have £6000 in savings and holiday is booked and paid for (only a week in uk). student loan is now paid off.

    That's astonishing progress in 7 months! :T:T:T

    Am sure you'll carry on brilliantly. :)
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.     :)
  • Cheapskate_Kate
    Cheapskate_Kate Posts: 40 Forumite
    Had a lovely day...bank holidays can be depressing when you're a lone parent so decided we'd have an open house and BBQ. I invited lone parents from school and work incl friends of friendsvand loads came - thankfully with food too as I wouldn't have had enough.

    And I have a date!!!!!
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Oh, how exciting :T.

    Well done on what you've achieved, don't wear yourself out though!:T
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    A date!!! Exciting. Can you tell us more?
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.     :)
  • nolongerindenial
    nolongerindenial Posts: 1,041 Forumite
    wow- I have just read so much and am amazed and your determination shines through!
    £4142.49/ £131,795.91 - 3.14% paid off or only £129,608.80 to go!
    Debt free by Xmas 2015: #182 £1955.38/£4435.51 (44.08%)
    MFW: Opening Balance: £108,297.91 Original MF Date: June 2042
    Current Balance: £106600.27 Estimated MF Date: Dec 2033
    Proud to be dealing with my debts
  • Muser1
    Muser1 Posts: 795 Forumite
    Eek! Fab news on the savings/ops. Tell us about the date! X
    Mortgage Jan 13 99260.00 87253 April 2017
    Emergency fund 700.00
  • CathT
    CathT Posts: 7,133 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Great to have you back Kate, you're doing brilliantly and have achieved so much!
    June 2025 - part 1 - £19,145 part 2 - £21,973 Total - £41,118 29 months to go!
  • Sandstone
    Sandstone Posts: 105 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    Well done Kate!
    How did the date go?
    Saving money for everything and everyone.
  • Lois_E
    Lois_E Posts: 2,227 Forumite
    Ninth Anniversary Combo Breaker
    Kate! You came back :) but I wasn't here and I missed you. :(

    Where are you now? Hope the date wasn't an axe murderer. :eek:
    Starting again 13/4/19
    Home loan 1: £21,102.50 Home loan 2: £7,698.99
    Total owed: £28,801.49
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