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Breaking Free

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Comments

  • Good luck! At that rate, you'll be making a good dent towards it!
  • Didn't quite make the end of the year to get below £40,000, but it will happen by the end of Jan 2018, so not far behind. This year is going to be the 'concentrate on mortgage overpayments' year. Every spare penny is going immediately off the mortgage every week. Feel like we are on the last lap. Going to see if that August 2020 date can be brought forward.
    Feb 2014 to now
    Unsecured debt at highest £56,511/now £9,328 83% paid. :)
    Mortgage £85,342/now £28,846 66% paid
    2018 overpayment total - £5,500
    Mortgage and debt free by August 2020
  • Historybuff
    Historybuff Posts: 657 Forumite
    Seventh Anniversary Combo Breaker
    Now below £40,000. That feels great. First overpayment of the year made yesterday, so I am ahead of my target. Also got an additional ad hoc job, so all the pay from that is going straight into the mortgage debt. Aiming to bring the mortgage and debt free date forward to April 2020, then I will have that summer off.
    Feb 2014 to now
    Unsecured debt at highest £56,511/now £9,328 83% paid. :)
    Mortgage £85,342/now £28,846 66% paid
    2018 overpayment total - £5,500
    Mortgage and debt free by August 2020
  • Escapar2020
    Escapar2020 Posts: 136 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Well done, keep going!
  • tootallulah
    tootallulah Posts: 2,197 Forumite
    I am on the last lap too, it goes quickly now I can't wait to be mortgage free!
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Aiming to bring the mortgage and debt free date forward to April 2020, then I will have that summer off.
    Oh, that's some incentive to keep on track :T:T: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"
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