Getting a mortgage and then becoming mortgage-free!

Kittenkirst

A Frayed Knot- I Just was just inspired by your signature to check the Mortgage balance (in my accounts app) which was sat at £159,415.52

Quick OP of £5.52 made to make it a nice £159,410

themadvix

Sounds like you've got an amazing few months coming Kitten!

Good call on the stainless steel water bottles - better for you too as there won't be (as much) plastic in the water (reusing the plastic bottles means they start to degrade )

CathT

Another macro tracker here too. I follow the most incredible guy on Facebook and am loving it!

try_harder

I feel exhausted just reading about all the activities you do . What an exciting year ahead for you both too ...Hope your back is improving .

Kittenkirst

1st of the month!
So it's the start of May already which means the year is steaming on ahead! Time for monthly figures- I did this a while back but it fell off my radar until I read ShanghaiJimys diary and was reminded so here goes

April 2018- Payment 19
• Mortgage balance 30/4/18- £159,410
• April OP's - £542.98
• April net reduction - £1,006.37
• Daily Interest charged - £7.23
• LTV - 22.3%
• % Loan Remaining - 93%

Diary figures
• Total mortgage Reduction - £23,589
• Cumulative OP's - £4,287.89
• Ave OP's - £225.68

Pretty pleased with the figures for April, and today I have requested another £3 from Pinecone to get Mays OPs underway

Collected an online order today of make-up from Boots- they are discontinuing their Seventeen range so I took advantage and got the following:

-waterproof mascara
-2 matte lipsticks
-face palette (concealer, blush, etc)
-eyeshadow pallet (8 colours, 3 creams & primer)
-concealer
-translucent powder

For £12 plus 48p advantage card points. I also went into primark and picked up two foldable toothbrushes (£1 instead of £2.45 at Boots), a lightweight pj short & vest combo (£4.50), £1 pair of sunglasses, some clear toiletry bags and a reed diffuser for the bathroom. All except for the reed diffuser are in the bag in the airing cupboard ready for hols.

Went into office today and was a lot more mobile butbreally sugfered by lunch with backpain- have only done 7550 steps today but it's three times what I could do on Friday so I need to be patient.although saying that I'm planning the gym & yoga for gentle exercise tomorrow

Looking forward to ringing the Mortgage provider tomorrow to get the interest applied today- think the rate should be now £7.22 per day :T

shangaijimmy

Great figures. My current favourite is net reduction for the month and being over £1k you must be so pleased.

Kittenkirst

shangaijimmy wrote: »

Great figures. My current favourite is net reduction for the month and being over £1k you must be so pleased.

Totally agree Jimmy- we're so pleased that it over £1k capital cleated this month fingers crossed we can get a few more in however now my bonus is done I'm not sure how close we will get!

Had a NSD today and received £3 Pinecone payment- and got to try something for free (yum) and received 91p interest on our joint bills acct so £3.91 overpaid to start May off. Hurrah!

No gym or yoga today as decided by lunch that the pain was still there so would let it rest another night. Going to do some weight training tomorrow but will modify and do some of them seated to reduce any pressure/pain on the back. Wish me luck!

Had a frustrating call ping pong between hmrc and student lians- tax think I owe them and have applied a disproportionate fine on top & have passed to a collections company, but the initial charges relate to student loans but student loans Agee I'm in credit with them and they've told hmrc. Spent two hours between the two and the DCA on the phone trying to resolve this farcical situation but have to wait a week and then call student loans back for an update; once the student loan piece is resolved I can appeal the fine apparently.....not what anyone needs especially as I'm in credit and due a refund :eek::mad::o

No point getting too wound up, I'm sure it will get sorted in the end!

On a more positive note my lifetime ISA bonus paid out today so gained £25 interest so it's now at the princely sum of £135- this one is going to be a slow burner to support pension/savings for retirements so slow & steady will win the race. Increased the monthly standing order up from £10 to £25 starting this payday so I'm putting approx £200 into pensions/retirement funds per month.

shangaijimmy

Good thinking throwing some steady increases into pensions/retirement. Although we've only had miniscule pay rises over the last few years we've thrown them all at pensions as we don't need it/don't feel the difference of it. Make them soldiers keep working hard!

CathT

Pensions is definitely an area we need to be more focused on.

fiona100

Thanks for the reminder..


I got news that will have a bearing on my probably income, just after I had had my lifetime ISA bonus news.. As I plan to move city during this summer (after the mortgage fix unfixes - don't want the fines )


I am not sure if I will manage the larger 1 off payments that I managed to fund the ISA with last year.. I would need to wait and see what the new Mortgage left me with.


So thanks for the reminder that the minute pay news, slow and steady route is also there.


Many Thanks Fiona