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Mortgage Free

edited 30 November -1 at 1:00AM in Mortgage-Free Wannabe
4 replies 673 views
MurielsonMurielson Forumite
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edited 30 November -1 at 1:00AM in Mortgage-Free Wannabe
Knew it was going to happen soon but surprised to check mortgage balance this morning and found -£319.49 so lender owe us this amount and we are now mortgage free!!

Now just need to figure out where to put £1k per month mortgage payment for best return!!

Replies

  • HazelnuttyHazelnutty Forumite
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    Huge congratulations!

    How did you do it? What would be your top tips?
    Choose kind:)
  • MurielsonMurielson Forumite
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    Unfortunately I did it the hard way by paying mortgages from 1988 (ish) onwards, changing house occasionally and taking profit from one to the other and overpaying regularly, no matter what interests rates were doing and minimum payments to lender should be.
  • KittenkirstKittenkirst Forumite
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    Wow congratulations!! Enjoy the options and freedom you now have with the monthly mortgage pennies :D

    Totally inspiring!!
    Mortgage 1- 10/16 £170.995- Overpayments to 06/21: £13,784 (25% extra!): house sold & equity= £88,563.12 after fees!
    Mortgage 2-Due 06/21: £301,691 (!) Rate 2.2%. Plan to clear it before 30 years!!!!!!
  • beanieloubeanielou Forumite
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    Good news for you :)
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~**
    MFW. Finally mortgage free February 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.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. ***Be the difference.***
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