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Gone Tomorrow
nearly_done
Posts: 2 Newbie
Have been readiing this and various other Financial independence forums for socertainlyime for ideas and motivation.
A bit of background
Live in North England
Married
second child on the way
Took out a self cert intrest only mortgage in mid 2007 of just over £200k, fixed at 5.4 % for 5 years. Looking back it wasn't the best financial decision i ever made.
We've been obsessed with making overpayents since day one, and have tried to live frugally
We both have decent jobs, but the wife is part time since children came along, so progress slowed for the last couple years.
Anyway barring any great disasters tomorrow is our last mortgage payment. It certainly hasn't been easy but am glad we've done it
Best of luck to everyone on here in achieving your goals
A bit of background
Live in North England
Married
second child on the way
Took out a self cert intrest only mortgage in mid 2007 of just over £200k, fixed at 5.4 % for 5 years. Looking back it wasn't the best financial decision i ever made.
We've been obsessed with making overpayents since day one, and have tried to live frugally
We both have decent jobs, but the wife is part time since children came along, so progress slowed for the last couple years.
Anyway barring any great disasters tomorrow is our last mortgage payment. It certainly hasn't been easy but am glad we've done it
Best of luck to everyone on here in achieving your goals
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Comments
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Oh wow! Congratulations!
I can't wait to pay mine off but I still have about 4 years to go.Interest rate 1.25%, offset mortgage Woolwich0 -
Fantastic!! :beer: Congratulations!!! I can't wait until our last payment
This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Amazing stuff! Congratulations!!! :beer:MFW2020 #115 250/3000 J-250
1% challenge- /1525Save 1k in 2020- /3000
Joining in UberFrugalMonthChallenge set up by the Frugalwoods!
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