Just started mortgage and hence mortgage free journey
in Mortgage-free wannabe
17 replies 2.2K views
My mortgage was issued on Thursday. First payment will be £520.77, assuming information on the app is correct, regular payment £498.47 for next 5 years. Regular mortgage payments obviously set up as a direct debit. Have just set up the mortgage company as a payee using instructions on their website and made a token £10 payment to check has been set up right. Had a quick look at the overpayment calculator and just £10 a week will take 2 years off my mortgage. Aiming to have this mortgage as short a time as possible :-)
Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.
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