📨 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!

2018 Mortgage-Free Wannabes

17576788081141

Comments

  • Urbanshyne
    Urbanshyne Posts: 105 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    No.171 with an additional OP for June of £28.83

    Best
    Neither a borrower or lender be; for loan oft loses both itself and friend.
  • Hello may I please join the thread? We bought our house last summer and we love it! We have started to make overpayments to the mortgage to try and pay it off a bit quicker - but my goodness it seems like such a huge task! We are trying to save up to get a new kitchen too and I'm not sure what is best use of the money - overpaying or saving for the kitchen!? Or a combination of the two? We are remortgaging in March next year so trying to drop down a LTV band before then, which is a good incentive! Thanks, Claire.
  • juststuff123
    juststuff123 Posts: 311 Forumite
    Part of the Furniture 100 Posts Photogenic Mortgage-free Glee!
    edited 12 June 2018 at 6:44AM
    #152 reporting in for June - £13100. And that's it - The mortgage is paid off!!








    :j :j :j
    GOAL:- £400k in Savings by March 2026 SAVINGS: – £388,251 COMPLETE GOALS - Debt Free, Mortgage Free, £350k Savings Save 12k in 2025 #41 = £21,772 / £25,000
  • Amazing Juststuff! Well done.

    Must be an amazing feeling!:j
    Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
    Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
    MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000

    01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41

    Debt at highest point in 24 -£21,344
    Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!
  • juststuff123
    juststuff123 Posts: 311 Forumite
    Part of the Furniture 100 Posts Photogenic Mortgage-free Glee!
    Thanks Mortgage Minimiser - I don't think it's quite sunk in yet. I think it will when my regular payment doesn't go out next month!
    GOAL:- £400k in Savings by March 2026 SAVINGS: – £388,251 COMPLETE GOALS - Debt Free, Mortgage Free, £350k Savings Save 12k in 2025 #41 = £21,772 / £25,000
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    #152 reporting in for June - £13044. And that's it - The mortgage is paid off!!
    :j :j :j

    Wow, that is amazing! Congratulations :beer:
  • beanielou
    beanielou Posts: 95,723 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    #152 reporting in for June - £13044. And that's it - The mortgage is paid off!!








    :j :j :j

    Great result :j :j
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • greent
    greent Posts: 10,787 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    #152 reporting in for June - £13044. And that's it - The mortgage is paid off!!
    :j :j :j

    Congratulations!!!! :j:T:j:T:j:T
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2024: £20
  • #152 reporting in for June - £13044. And that's it - The mortgage is paid off!!








    :j :j :j

    Congratulations.
    Outstanding mortgage: £23,181 (December 19)
    MFW 2020 Challenge Member #10 0/£2318
  • Congratulations Juststuff! Amazing news! Well done!
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
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K 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.