The Mortgage Free Roll Of Honour

mark009

hi...............
pleass go hear.......................
a. The date you decided to become a MFW

October 1992 when we decided to buy this house

b. Mortgage Debt at its highest

£67000

c. Mortgage-Free Date

October 2000

d. Your one pearl of wisdom.
....................

kazwookie

Well it has gone all paid off..................:T:T

A totoal of £101K paid off over time, save, save save, 2 jobs and heads down battle on.

Done./

Badge please

mothershipton

Just paid off the mortgage today 22/06/2013. now what am I going to spend all the extra on?

rev229

mothershipton wrote: »

Just paid off the mortgage today 22/06/2013. now what am I going to spend all the extra on?

I know its strange! We bought some new cars! I can't bring myself to spend the 'extra' we used in overpayments!
would have liked a big certificate from the bank and Land registry to say the house is all ours but no chance of that!! Bit of an anti-climax now! And I have worked 2 extra shifts this weekend which I no longer need to do as I am so used to wanting the extra money to throw at the mortgage!!

mothershipton

rev229 wrote: »

I know its strange! We bought some new cars! I can't bring myself to spend the 'extra' we used in overpayments!
would have liked a big certificate from the bank and Land registry to say the house is all ours but no chance of that!! Bit of an anti-climax now! And I have worked 2 extra shifts this weekend which I no longer need to do as I am so used to wanting the extra money to throw at the mortgage!!

I would have liked a fanfare at the bank !! but at least the bank cashier was very pleased for us!

Were ok for cars, Ive just booked a minicruise !! my mortgage money will be the spending money for this.

wronlaster

Excellent work keep it up

webmister22

Hello,

I've viewed this topic / thread for years and despite never posting until now I've found many of the posts inspirational and informative.

I expected to pay my mortgage off fully next month but I just called the lender for a balance expecting there to be a small amount owing and the account is actually £74 in credit so I'm officially mortgage free.

Yipppppppppppeeeeeeeeeeeeeeeee :T

Key Stats Below
The date you decided to become a MFW
When I first got a mortgage - July 2004

Mortgage Debt at its highest
£90000

Mortgage-Free Date
10th July 2013

Your one perl of wisdom.
Make some sacrifices and live a frugal, but enjoyably life until your mortgage is paid off.

Keep up the good work people and you too can experience the liberating feeling of being mortgage free!

Webmister22

alkip

Just paid our mortgage off today :j

---

The date you decided to become a MFW
When we first got a mortgage - Jan 2001

Mortgage Debt at its highest
£83000

Mortgage-Free Date
13th July 2013

Your one pearl of wisdom.
Invest wisely, spend sensibly, make some sacrifices and get that mortgage paid off.

Please may I have my badge?

nokandu

Early 90s when i overpaid by accident and saw what an impact it had. Paid off mortgage once but took another out to buy our current property.

Mortgage Debt at its highest :250,250

Mortgage Free Date 02/07/2013

One Pearl of Wisdom: Overpay as much as you can even if its small amounts it has an impact ,whatever you pay off while rates are low is money you wont pay interest on when rates go up.

littlemissbossy

Hello

I think I've posted on here before but can't just find it.

We've been mortgage free since Nov 2008 aged 37 and 42.

We overpaid like mad, its the best thing we ever did and has made such a difference to our lives, we have a couple of holidays a year and a new car every so often.

Could I have a badge please.