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The Mortgage Free in Three - Take 4 challenge (MFiT-T4)
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I've sent my update though just now as I couldn't remember if I had done it or not. Apologies if I have sent the same thing twice!know thyselfNid wy'n gofyn bywyd moethus...0
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Chart 9 has finally arrived
Amazing progress everyone!!!!
i've not had the quarter I expected although nothing really has a plan these days, i've definitely got a bit of an uphill climb now to the end & hopefully then my aim for MFiT-T5 may become more clear.- Mortgage: 1st one down, 2nd also busted
- Student Loan gone
Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps0 -
No 59 here:
Hi Trix,
Just checked the chart. You have me down as not updating but I sent mine thorugh early on 5th April:
#59 reporting in early as well.
Mortgage today is £203,444.83
Pleased with that - should be on track to hit £195k, although extension is starting in a couple of weeks, so who knows where we will land. Will keep trying though! ......
Good luck everyone
MM
x
Are you able to update it pleae?
Sorry!
Thanks
MMXMortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000
01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41
Debt at highest point in 24 -£21,344
Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!0 -
Mortgage_Minimiser wrote: »No 59 here:
Hi Trix,
Just checked the chart. You have me down as not updating but I sent mine thorugh early on 5th April:
#59 reporting in early as well.
Mortgage today is £203,444.83
Pleased with that - should be on track to hit £195k, although extension is starting in a couple of weeks, so who knows where we will land. Will keep trying though! ......
Good luck everyone
MM
x
Are you able to update it pleae?
Sorry!
Thanks
MMX
I've just checked the form entries in the google drive spreadsheet MM & can't see one from you, it sometimes decides not to send through but have added your update in, nice work!
I can see your post in the thread on the 5th but as posts can be edited (& i'm often just glancing at the forum while half asleep) I only log from the form updates as per the post#2, unless someone is unable to use the form for some reason and flags it up. i'm regularly in google drive & input updates as I notice them there.- Mortgage: 1st one down, 2nd also busted
- Student Loan gone
Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps0 -
Thanks Trix, !!
Much appreciated
MM
xMortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000
01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41
Debt at highest point in 24 -£21,344
Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!0 -
Yey! In the green for the first time! Going to try and get rid of the last bit as fast as possible. I'm pending redundancy or at the very least a significant pay cut. However, now the house is very nearly all paid for it's taken the pressure off massively. All the hard work paying off!0
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Slightly early update as i'll be away later in the month, but now at £81,607 so £5,172 paid off since my last update, and £53,379 since the start of MFiT-T4. Just under £3k short of being "in the green", so falling a little further behind.
Here we are againNow at £73,482 with £8,125 paid off since the last update, £61,504 since the start of MFiT-T4. Having a concerted dig at the mortgage right now, and pulled it back to £996 away from being green.
Now need to pay off just under £13.5k over the final six months to hit the target, just a couple of hundred quid more than i've paid back over the last six months, so going to be close - need a rummage down the back of the sofa to get over the line
And was just looking back, currently paying about £95 per month in interest on the mortgage, when we moved in 12 years ago it was over £950 per month...!0 -
#59 here.
I updated early as im away later in the month. Mortgage as it stands is £197,381.65. Down from £203,444 at the last update.
Pleased with that - should hit target of £195,000 by the end of the challenge.
Looking to remortgage early, before the fix runs out in Jan, just looking for a decent rate to reserve.....doesn't see to good tbh.
Thanks Trix!
MM
xMortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000
01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41
Debt at highest point in 24 -£21,344
Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!0 -
Hi
Updated for July and finally looking at being back on track! 2 more updates to go and should make target.
Thank you TrixMFiT-T4- reduce mortgage from 61000 to 40000
2018 MFW no 17 : 8000/10100.00. 2019 MFW no 17: 2150/8000
MFIT-T5-completely clear my £35000.00 mortgage0 -
#3 checking in. I've just updated as mortgage for this chart now stands at £32865.
Have looked back at my post for the April update and things have changed. In fact the following day DH got an amazing job with a pay rise so we are trying to put the extra to the mortgage each month
Thanks Trix
ickleTotal OPs 2012 - 2019 £39744.75Target 2020 £18500/£1850001/05/2020 MORTGAGE FREEMFiT-T4 #03 MFW2019 #30
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