The Mortgage Free in Three - Take 4 challenge (MFiT-T4)

helibob

Thanks for the chart. It's exciting to see that I'm ahead of what I thought was a fairly challenging goal! We've just arranged a remortgage, which will be at a 0.05% higher rate than the 2 year fix we're ending, but will be fixed for 5 years. As it is, if we continue at the current rate of overpayments, I think we may actually be able to pay it off in about 8 years (10 in total). Very exciting to see the numbers.

mrsp1987

Just checked the chart again and I'm in the yellow at 28.34%, which is good. Apparently I'm about £900 behind where I should be, but I've had another mortgage payment and made a payment of £559 on top, so I'm a little closer. Forgot that I'm having two fillings next week so disposable income may actually be a bit lower this month, but next month should be quite good!

Maximum_Saving

How can I see the latest chart? I have my direct debit happening on Friday of this week. So my mortgage is moving on lower. Many thanks.

Mortgage on 7th Feb 17 is £8779.91

trix-a-belle

Maximum_Saving wrote: »

How can I see the latest chart? I have my direct debit happening on Friday of this week. So my mortgage is moving on lower. Many thanks.

Mortgage on 7th Feb 17 is £8779.91

trix-a-belle wrote: »

Chart 4 has arrived

Click the link
I'll update the charts post at the start of the thread later when I'm home on the laptop

FreedomGirl

Hi,


Looks like I've missed the end of Jan deadline, but I'm starting to think about the end of April a bit early And also plan for the update on my signature

I've got 6k I'm going to put into my SIPP for this tax year, but that's all I've really got available.

I saw another poster's thread title - "Frugality gives us options"

I think I need to do a review of what's coming in, and out, in April to see where I can trim.


FG

juststuff123

Just sent in my update. I think this is the first time i've not missed the deadline!!!

Maximum_Saving

When will we have Chart 5 please? I am trying very hard to pay off my mortgage. It is now £6,349.14. In April I will have my next direct debit and then over payments to do.

trix-a-belle

Maximum_Saving wrote: »

When will we have Chart 5 please? I am trying very hard to pay off my mortgage. It is now £6,349.14. In April I will have my next direct debit and then over payments to do.

Chart 5 will be generated on the 25th April MS updates can be logged anytime before then.
I don't know where the last 3 months have gone.
Registration / update form: The MFiT-T4 form

Thanks to those who have already put their updates in.

Maximum_Saving

Thanks trix-a-belle. I have now put in my update. Yes, the last three months have gone very quickly.

Mortgage on 3rd April 2017 £6349.14

Pearla*Merle

Bit of a step back for me - we ended up moving house much earlier than anticipated so savings took a hit! We're still renting (super high house prices here and we're still getting used to new jobs/area so we're renting in the meantime as that seems like the sensible thing to do). The new place we're renting could potentially tide us over for many years until we're ready to buy (wherever that may be) so just saving like mad now! :money:

Hopefully should make up the shortfall of the last year thanks to a promotion, my next update should look a lot healthier, fingers crossed!

Good luck everyone!