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Had a mortgage too long - it's going, going, gone!

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  • Or pay down day?

    Liking that idea - it's packed with feelgood factor!!;)

    T:D
    Mortgage at end 05/2007: £90200
    Mortgage at end 08/2018: £71646 paid £18354 (20.5%)
    MFD: :eek:Original:05/2042:eek:
    Car Finance: £8225 : £6392 (22.2% paid off)
    CC Debt (0% until 06/2020): £5640 : £4400 (21.7% paid off)

    Age of Money at 31/08/2018 = 23 days

    YNAB is changing the way I live my life....and spend my money!!
  • Yeah - paydown sounds much nicer!
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • AlexLK
    AlexLK Posts: 6,125 Forumite
    Debt-free and Proud!
    Pleased to hear your garden is complete. :)
    2018 totals:
    Savings £11,200
    Mortgage Overpayments £5,500
  • I call it payaway day. Can't wait until it is saveaway day :D
    5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
    Currently CC £23,674.36 /£14,895.41/£14315.42
    Mortgage £28,214.65/ £26,254.71/ £25,746.43
    By end 2020 I want CC at £ 19,000.00.
    By end 2021 I want CC at £10,000.00
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    How about pay re-allocation day? Or re-direction day?
    MFW: Was: £136,000.......Now: £47,736.58......
  • sarahevie1
    sarahevie1 Posts: 630 Forumite
    Sixth Anniversary 500 Posts Combo Breaker Mortgage-free Glee!
    I'm pleased your garden is finished, such a relief.
    HOME
    Original mortgage free date Nov 2037
    Mortgage free August 2018

    Additional properties
    Mortgage 1 £108,000
    Mortgage 2 £45,000
    Teacher pension - DB scheme
    LGPS pension - DB scheme
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Quick query Ali. How do you get a badge? Pretty sure I'm due an energy saving one!!
    MFW: Was: £136,000.......Now: £47,736.58......
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    Morning! :D

    Keep popping in to have a quick read across the board between doing more bits in the garden, though if the rain doesn't stop it'll just be tea and cake today :rotfl:

    SJ - got my DFW badge by posting on the 'Roll of Honour' on the DFW board, so my guess is there's a thread on the Energy one. Hope someone comes along and can point you in the right direction for it! We like badges :D

    I like pay down day and 'another month off the millstone' :)

    Kettle time again!! Back later...
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
  • Another month off the millstone is a goodun! I like that one!
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    A washout of a Bank Holiday Monday with nothing done in the garden this morning, thankfully rain stopped long enough this afternoon to get a few holes drilled/hooks up for hanging plant bags and clearing up finished. Old pots back out and filled, promptly followed by doglet digging in one :rotfl:. Quickly got a stake and net surrounding them!

    Got a lift to C0stco too and 1250 Typh00 bags for £9.99 (I like my tea :rotfl:) large tub of M@rmite for £4ish and bucket of fruit and berry bird balls for £4ish (pressie to put away from DS to Mum for Xmas) bought. Had a NSD yesterday and Saturday.

    Thanks to Thistle for mentioning utilities, I've just been out and read the elec meter with a torch to get the reading done online for the bill. We're up at 11.87 units per day this month :eek: compared to 10 last month and 9.5 August last year. Candles are coming out for light and warmth early this year :). Looks like I've just gone into a deficit by £3 so the £10 drop in monthly payment they set in May was too much. Will monitor.

    Financials then:
    - bank account - all set for the new month
    - freepostcodelottery - checked
    - Inbox Pounds - up at £4.75
    - Qmee - another 11p, pot at 21p at the moment

    Though I'm technically still off work this week, I'll be in planning and prep mode for starting back properly next week. Already need 2 days off during September for the funeral and next Neuro appointment in London.

    Will check mortgage online tomorrow and should be able to confirm interest due end of September and then I can post the update and reductions to that bit :)
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
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