Mortgage free by 2021?!

Watty1

Hope you get somewhere with the consultants. And maybe a steady quiet time is restful and needed?

hiddenshadow

Thanks Watty, I'm trying to acclimate to the idea that quiet time is restful. It's hard when you do virtually nothing (walk dogs at a shuffle pace for 10min, otherwise spend all day on couch) and still feel exhausted. Not that I was ever an overly "active" person (my non-horsey hobbies all being sedentary), but it is frustrating when you can't even choose to be active.

hiddenshadow

October OPs: £0.00

Current (offset) balance: £106,575.73
Month we’d be in to get to our current balance without OPs: May 2027 (+3 months)

2017 Overpayments: £10,053.84
2017 Offset Savings: -£6,171.94
2017 Interest Saved: £3,752.04

Total Overpayments/Offsets: £68,117.12
Total Interest Saved: £56,094.26

Daily Interest: £7.03 (down £0.05)
Monthly Interest: £210.47 (down £8.61) <-- love 30 day interest months
October 2016 Interest: £280.31 (down £69.84)
October 2016 Daily Interest: £9.04 (down £2.01)

House Bricks: 1

Mortgage reduction: £13,093/£15,000 (87%) (Average: £1,309.31/mo)

OPs still on pause. Lowered the goal to £15,000 based on this. (Will likely switch back to mortgage neutral tracking for next year, though who knows what will be going on house/mortgage wise then!).

Net worth increase: £55,132/£80,000 (68%) + €7,284

Steady progress here….need to think about splitting the goal between currencies though…perhaps £60k/€20k would work for the rest of the year?

MFIT-4: £52,924/£90,000 (58%)

Goals

UK EF: £800/£600
Ireland EF: €100/€100

Groceries: €396.79/€200 did stay below €400, barely!
Transfer £ to €: £4,080/£2,500 (163%) broke 4k, taking advantage of exchange rates
Find solicitor to deal with horrible estate agents found a potential one, on hold until ombudsman does their investigation
File complaint with Property Ombudsman done! though they’re referred us back to horrible estate agents’ useless complaints procedure

hiddenshadow

Not too many this month. UK EF is at £5,000 now, plus another £1,250 for any house needs, leaving us free to focus on Ireland finances.

Groceries: €39.30/€300 going to try for this...
Transfer £ to €: £850/£4,500 (18%) extra bonus money...may steal a bit for an OP though!
Ireland EF: €0/€4,000
File complaint with horrible estate agents

hiddenshadow

OPed the mortgage, woo!!! £303.27, which should be enough to get our YTD mortgage reduction right at £15,000. Might be off by a few pence, but can sort that out in December.

Current mortgage balance should be at £105,456.41 Wanted to get into 5 digits this year, but priorities changed...ideally next year we'll be at £0/€0 anyway as we'll sell the house and buy here for cash (if all goes to plan)

Groceries: €159.66/€300 doing well so far...even including some splurges thanks to my birthday this weekend
Transfer £ to €: £2,906/£4,500 (72%)
Ireland EF: €1,000/€1,000 (100%)
File complaint with horrible estate agents they've promised to reply by Dec 1

Revised the Ireland EF goal down from 4k to 1k. Pension is finally being organised through work, which is good in that I can have payroll sort it all out automatically and don't have to worry about manual payments. Unfortunately it's not being done pre-tax as promised, but post-tax, so my take-home pay will be about half normal this month, and down to about £530 until April. It's fine, should be enough to manage on (assuming rental income stays consistent), and I'll get a quite large tax refund sometime in 2018, but does mean we need to use DH's bonus money to help pad out income between the bonus months. (Thankfully we don't actually need to spend much money here on a monthly basis as rent is pre-paid until next summer, so we're living on ~€1,500/mo.)

Another addition/splurge in the budget is that I treated myself to a riding lesson for my birthday this weekend. It went about as well as could be expected after not regularly riding for 4+ years (really 8, as that's when I sold my TB), and my current health issues. I've booked in for another lesson next week. At the moment I'm doing private lessons, as the group lessons are all booked up. Privates would cost ~€150/mo, group would be ~€90, so not exactly breaking the bank either way, but not something we'd actually planned out in the budget. I think we can find some wiggle room, though, especially once we have savings established (and/or cash out on the house sale). I'm hoping that riding will help get my body back to normal (as good diet/sleep/exercise/yoga are the only recommendations doctors have at the moment)...if so, I envision horse shopping in my future. That's at least a year out, though, probably more like 2 so that we can get ourselves settled permanently first. (Says my rational self, ignoring horse-mad self.)

Nothing else exciting to report. Saw doctors here, no real new insight - rheumatologist said that unless bloodwork shows anything interesting (doubtful, given my results so far), he'd diagnose it as fibromyalgia. Only treatment there is as above - good nutrition/sleep/exercise/etc. So that's disappointing but not surprising - I've already got the nutrition/sleep parts down, just need to add in exercise/stretching. We'll see if that leads to any improvement.

FloppyDisk

Yaaaaayyy for horsing, and it might help your diagnosis?

hiddenshadow

I hope so, FD! So far I've been twice and it's wiped me out both times, but I think it was less bad the second time. If nothing else, I've been pleasantly surprised at how much I can do in the saddle, given how tiring simple dog walking is for me. Of course, I'm also frustrated at how little I can do in the saddle given what my brain thinks I should be able to do, but I'm hoping that comes back to me.

hiddenshadow

November OPs: £303.27

Current (offset) balance: £105,456.21
Month we’d be in to get to our current balance without OPs: June 2027 (+1 months)

2017 Overpayments: £10,357.11
2017 Offset Savings: -£6,171.94
2017 Interest Saved: £4,433.05

Total Overpayments/Offsets: £68,848.42
Total Interest Saved: £56,135.41

Daily Interest: £6.98 (down £0.05)
Monthly Interest: £215.80 (up £5.33)
November 2016 Interest: £255.57 (down £39.77)
November 2016 Daily Interest: £8.52 (down £1.54)

House Bricks: 1

Mortgage reduction: £14,212/£15,000 (94%) (Average: £1,292.04/mo)

OP made!

Net worth increase: £57,499/£60,000 (95%) + €10,519/€20,000 (52%)

UK amount should go up a bit once my giant pension contribution reflects in my account (and includes tax top-up!).

MFIT-4: £54,854/£90,000 (60%)

Goals

Groceries: €252.15/€300 success!
Transfer £ to €: £5,071/£4,500 (112%)
Ireland EF: €1,000/€1,000 (100%)
File complaint with horrible estate agents done

hiddenshadow

Groceries: €0/€250 we’ll see if this is feasible
Transfer £ to €: £0/£2,500 first month on lower pay with pension contributions
Chase up ombudsman complaint re: estate agents
Horse Riding: 0/3 no riding over xmas, sadly

Watty1

Are you sure you can't fit a horse session in over Christmas? Therapeutic grounds?