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Mortgage Free - 3 year target!!
LeeMc_2
Posts: 3 Newbie
I've just used the Mortgage Free Calculator on MSE ...
I have £118,000 to pay and 19 years left. But, we the correct payments I *could* be mortgage free in 3 years!
Now all I need to do is not spend money on beer, shopping, clothes, fun and anything else in 36 months.Doesn't sound long does it.
I'm sure it can be done.
Lee
I have £118,000 to pay and 19 years left. But, we the correct payments I *could* be mortgage free in 3 years!
Now all I need to do is not spend money on beer, shopping, clothes, fun and anything else in 36 months.Doesn't sound long does it.
I'm sure it can be done.
Lee
0
Comments
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If you have between £3200-£3500pm spare it is possible to clear in 3 years.0
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Hi LeeMc,
We have a similar goal...to pay off 100K in three years.
Have you joined the Mortgage Free in Three challenge?
Here is the link: https://forums.moneysavingexpert.com/discussion/5375506
Good luck with your goal.0 -
Best of luck LeeMC - I will follow with interest!
Think of the freedom that awaits if you achieve that goal (as well as the money you will save!).
Gen_YMFW! Original loan (Aug 2015) = £65000
Current debt = £43000
Interest saved so far = £139300
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