mortgage free when 57 !!!

Thrugelmir

shinner wrote: »

I am wanting to see things move.

Be patient. In the overall scheme of things a month now is hardly going to set the world alight.

shinner

Patients is definitely a weak point for me. Although apparently not in my job.

black_taxi_2

stay with it bud


I only decided to be MF 5 years ago


Should get my mortgage balance down to about 1k end of 2014

Sounds crazy for 1st time in my life I will be investing/saving beginning of 2015,an I'm 50+

always been in debt

more of a very good nest egg,when I'm 65/70

I won't be rich,but I will be comfortable because I took this MF decision 5 years ago.

g/l all

shinner

Hi yeah well if can keep overpayment up I will be mf at 55 so a good start. Xx

shinner

Well my overpayment gone so just waiting for my letter to ensure it is going to come off the capital should be here end of the week. Hoping I am not going to have to make lots of phone calls.

Wentthedaywell?

I am 57 an will be clearing my mortgage this year!

Mine's stretched out to this venerable age as every time I moved up the ladder, I took out another 25 years or a term up to retirement date. I had to do this to get the largest mortgage I could, buying in an expensive part of the country on a single salary. Still, 57 is better than 67!

Good luck on your mortgage-free journeyShinner, it's well worth it!

shinner

Thanks wentthedaywell I will be under 119000 next month which sounds great hoping to get to 118000 for January. Fingers crossed I can do this.