📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Getting a mortgage and then becoming mortgage-free!

18182848687205

Comments

  • themadvix
    themadvix Posts: 8,812 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    Hope you're feeling better today Kitten!

    Do you think you'll make it a round £2k by the anniversary of completion?
    Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days

    'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway


  • MichaelDH
    MichaelDH Posts: 154 Forumite
    Fourth Anniversary 100 Posts Combo Breaker
    themadvix wrote: »
    Do you think you'll make it a round £2k by the anniversary of completion?

    Now there's a challenge Kittenkirst! Come on, you can do it! :)

    Hope you are feeling better today.
    Starting Balance August 2016: £170,199.00 | Remortgaged August 2018: £212,000.00
    Current Balance (15th February 2019): £209,278.85 :eek:
    Target: Balance below £170,000.00 by August 2023 :)
  • Kittenkirst
    Kittenkirst Posts: 2,468 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Thanks for the well wishes lovelies :)

    Madvix & Michael- I think we should pay £90 in the next few days and £90 end of sept as our standard OP's which should take us over the year for £2k (30/9/16-30/9/17) :D

    Then it's all focus on smashing the 2017 target of £2150 if we can!

    Sale of an old Walkman on eBay yesterday so a further £10 swept to the mortgage late last night. May struggle with a post office trip today though as movement is not good with the sickness.
    First home- Oct’16 until June’21: £170.995- Overpayments made £13,784 (25% extra!).
    New forever home- Sep’21 £309,449 @ 2.05%. Plan to clear it before 30 years!!!!!!
  • Kittenkirst
    Kittenkirst Posts: 2,468 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Monthly OP made now the bills money has been transferred meaning a great £ 161.32 OVerpayment made for August which we're really pleased with :)

    Total so far this year is now at £1701.42 against target of £2150 so 79% of the way there wahooooo!
    First home- Oct’16 until June’21: £170.995- Overpayments made £13,784 (25% extra!).
    New forever home- Sep’21 £309,449 @ 2.05%. Plan to clear it before 30 years!!!!!!
  • Soooo close!!! You can do it!
  • MichaelDH
    MichaelDH Posts: 154 Forumite
    Fourth Anniversary 100 Posts Combo Breaker
    Hey Kittenkirst

    I'm up to £6.75 on Prolific already! £2.25 confirmed and £4.50 pending :)

    Will let you know when I cash out. Might leave it to build up a bit first.
    Starting Balance August 2016: £170,199.00 | Remortgaged August 2018: £212,000.00
    Current Balance (15th February 2019): £209,278.85 :eek:
    Target: Balance below £170,000.00 by August 2023 :)
  • Sorry to hear you have been poorly KK, I hope you are feeling much better - keep up the fluids!!

    :)
  • themadvix
    themadvix Posts: 8,812 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    Hope you're improving today Kitten. Great August OP figures and good to hear you'll pass £2k by end of Sept.
    Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days

    'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway


  • Hope you are feeling better and the claim issue is sorted quickly.
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • Hope you're feeling better KK. I just signed into fleaBay this morning and there was an offer for a max £1 sales fee for up to 100 items. Thought it might be worth you taking a look to see if you have the same offer as if you have anything worth over £10 you can save some money, but I think it only lasts 4 days.

    Well done on the OP figures - you're doing really well!
    Mortgage: Mar 2018 -£300,000 / Jul 2021 -£255,000 / Oct 2024 -£172,835 (1.27% Interest until Feb 2027)
    Joint Savings: Aim £13.5k. Dec 2016 £1,700 / Jul 2021 £36,600 / Oct 2024 £106,450 (£100k in PBs. £5,850 at 4% interest. £600 Regular Saver at 7% Interst)
    Car Loan: Oct 2024 -£45,000 (0% APR Interest)
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.