FIRE Through The Mortgage - MF by 55 - LATEST

Firegirl

First 1k sent towards a pension rather than mortgage! This is gonna slow me up in my mortgage free dream. The plan is to run in parallel and do a bit of a balancing act!

thewalrussaid

Nothing wrong with a balancing act, everything in moderation!!

Firegirl

196298 is my new balance. Contract extension until the end June - Yippee!

greent

Congrats on the contract extension - whoop!

Firegirl

Thanks!!!!

Firegirl

Will be taking a dividend before the end of the tax year - this is my mortgage balance for now £195 698. Creeping down gradually!!!! Slowly but surely!!!

I!!!8217;m off work with the singles now- horrendous- that will hit the bank account but that!!!8217;s the risk of contracting- more important to get better for now and I!!!8217;ll just hope for an extension in June.

Firegirl

Fighting to get fit again! Nearly there but wfh this week. Mortgage balance updated and I have taken dividend from the business. I am hoping to hit the MF by 50 target this year but I will need to see if my contract gets extended in June. So far from keeping my ear to the ground it sounds like an extension is unlikely. See what happens closer to the time!

Firegirl

Ive decided I will def make my MF by 50 target this year. I am going to transfer funds from my savings offset to ensure I am on track. Still hoping for extension at end of June and if I get one I am gonna seriously smash my mortgage because I got a lot of big expenses out of the way now!

A_Frayed_Knot

Lets hope you are lucky enough to get extension.

Seems quite a few going for it this year, myself included, hard slog and into our 4th month already this year - a third of the way through.

Good Luck.

shangaijimmy

Such a great feeling to hit our targets isn't it. Even more pleasing to know you'll hit your target so far in advance! Great work.