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Mortgage free ASAP

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Comments

  • bubblycrazy
    bubblycrazy Posts: 315 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Sarsibob1 said:
    I am about to join you
    Am down to the final 3k. My mortgage is £1800 a month. Paid off 18500 this morning as a savings account matured. Just got the last 3k to go so am planning on next months payment being my last as I will find that last 1k somewhere to clear it in full

    Mortgage started at 250k in 2014. My 2.79% fixed rate ended last month so chucking everything at it as now on variable. 
    Exciting!
    £1800 is a huge amount to have surplus every month, do you have plans for it? 

    My fixed rate ended in March so I've also been on the variable rate. Went from 1.7% to over 6%, ouch! 
    MFW -
    House purchase £62500
    Original mortgage balance 28/08/2014 £52850
    Original MF date: 2049:eek: Aiming for: 2025
    Balance 27/07/2016 £49990
    Balance 08/07/2017 £47999
    Balance 30/07/2018 £44500
    Balance 01/08/2019 £40700
    Balance 03/09/2020 £37619
    Balance 30/09/2021 £33983
    Balance 18/01/2023 £28940
    Balance 06/10/2024 £22168
    Balance 08/10/2025 £18417


    Mortgage free 09/10/2025!! Mortgage paid off in 11 years, 1 month, 11 days 🥳
  • Jessy103
    Jessy103 Posts: 2,392 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Congratulations 🎉
    Mortgage Balance as of September 2025 £11,700
    Starting Mortgage Balance (June 2019) £72,000.
    Aiming to be mortgage free by my 40th birthday, June 2026!
  • SuperSecretSquirrel
    SuperSecretSquirrel Posts: 1,061 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Congratulations on paying it all off! 🍾
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