📨 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!

2017 mfw

Options
15960626465115

Comments

  • Roxie
    Roxie Posts: 635 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    No: 78 with May OP of £100 (total for year £1380)

    Massive congrats to bournefree who is now mortgage free :T

    Hope everyone who becomes mortgage free will let us know to inspire the rest of us mortgage slaves.
    MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳
  • bournefree
    bournefree Posts: 118 Forumite
    Thanks Roxie, in my case, my excel spreadsheet gave me massive encouragement - just chipping away seems like hard work month after month, but then you look back over a few years and see the immense difference.
  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well done bournefree :D
    bournefree wrote: »
    Thanks Roxie, in my case, my excel spreadsheet gave me massive encouragement - just chipping away seems like hard work month after month, but then you look back over a few years and see the immense difference.

    I totally agree with this - I'm mid-slog with the mortgage (five years of making OPs with four years to go), and my spreadsheet keeps me going each time I start to feel like the monthly OP is getting me nowhere. Right now it shows me as £43,561 ahead of where I would have been if I hadn't started making OPs five years ago, so they all build up to make a serious difference, and i'm on track to pay it off nine years early. Might make ten years early if I give it a push :)
  • Hi Hiddenshadow,

    Please may I a) join in for the rest of the year and b) could you allocate a number for me. I'm back for round 2! Though with a slightly gentler approach and target than last time.

    £11k for the rest of the year is the target. It feels good to be back on this
    board. Turns out I'm terrible at saving and much better at paying down debt but I did have a lovely few months mortgage free.

    Thanks in advance!
    Mortgage £225k May 2017 - aim to pay off by Jan 2030 - MFW 2017 #118
    Outstanding mortgage: £81,987
    Cash reserve target £40 / £10k
    S&S ISA £1000/ £20k
    MF1 August 2016. approx (£152k start Jan 2009)
    MFW 2 TBD
  • Kittenkirst
    Kittenkirst Posts: 2,468 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 9 May 2017 at 1:39PM
    Hi HiddenShadow,
    My figures should be as follows:

    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £16.08

    £986.97 it should total
    Thank you :)

    Edited to add- well done Bourne Free! :D :T :D :T
    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!!!!!!
  • Jessy103
    Jessy103 Posts: 2,242 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Hi everyone!

    No.12 reporting an overpayment of £267.64 for May.

    Thanks!
    Mortgage Balance as of July 2025 £14,900.
    Starting Mortgage Balance (June 2019) £72,000.
    Aiming to be mortgage free by my 40th birthday, June 2026!
  • It's not too late to join is it? I haven't done this for several years (I helped run the 2011-2013 (?)) MFW spreadsheets and it really helped me stay focused. Therefore could I have a number allocated please?
    Feb 2012 - onwards MF achieved
    September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
    April 2018 down to 28.00 months vs 30.04 months at normal payment.
    Predicted mortgage clearing 03/2047 - now looking at 02/2045

    Aims: 1) To pay off mortgage within 20 years - 2037
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Number 36 with first payment in May of £28.90.Thank you.
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    Hi Hiddenshadow,

    Please may I a) join in for the rest of the year and b) could you allocate a number for me. I'm back for round 2! Though with a slightly gentler approach and target than last time.

    £11k for the rest of the year is the target. It feels good to be back on this
    board. Turns out I'm terrible at saving and much better at paying down debt but I did have a lovely few months mortgage free.

    Thanks in advance!

    Welcome back! You're #118. :)
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    Hi HiddenShadow,
    My figures should be as follows:

    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £16.08

    £986.97 it should total
    Thank you :)

    Edited to add- well done Bourne Free! :D :T :D :T

    Those numbers add up to £987.02. :) I've put them in the spreadsheet, so it should be up-to-date.
This discussion has been closed.
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
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.