The Mortgage Free in Three - Take 5 challenge (MFiT-T5)

Brodiebobs

#9-just sent my update twice-second is correct:o

£5,058 reduction overall. :beer:

stoplurking

#42 update sent. Thanks for running the thread Trix-a-belle.

Miss_D_Meanour

#26
Just sent in my update. Am down to just over £85k and seriously happy about that. Had to double check the figure to be sure
Take care everyone
MissDM

Mortgage_Minimiser

#59.

Just posted my upate (in case i havent already posted ! )

Now at £176,341.42. Lok to be on track to hit target even if i now only OP my minimum. - forecasting £138,267. I now want to smah it - secretly hoping for £135k... let's see what i can do!

MM

xx

violetblue

It's great to see everyone's updates!

#52 here, have posted my update and am now at £15850 :j

I'm amazed how much just being a part of this challenge has spurred me on! I've added a column to my master mortgage spreadsheet to calculate the percentage paid off since January, and it's really motivating me to OP as much as possible.

I've even found myself a little side-hustle to make a bit extra, and it's all going straight off the mortgage! The end really is in sight!

CathT

#44 update sent.

Quietly plodding away in the background.

Suffolk_lass

posted my update form - just a smidge under £30,000 left so we are about half way - things will slow noticeably now.

Our interest is under £31 a month so we have tipped under £1 a day interest for some months!

liuhutOz

#14 reporting in at $519,852. Cleared $10k since last time and $40k in 6 months. Really pleased with this as also had quite a few expenses. We've got a quiet 3 months planned so hoping to be at 505,000 next time and under 500 by Christmas. Hope everyone else is on track L x

ajmoney

Just sent in my update. I seem very far away even though this is my first update in my new house but I used my spreadsheets to set the figure so it must be correct. I must remember it is a marathon not a sprint!

Suffolk_lass

ajmoney wrote: »

Just sent in my update. I seem very far away even though this is my first update in my new house but I used my spreadsheets to set the figure so it must be correct. I must remember it is a marathon not a sprint!

I am finding that tracking the interest reduction makes me feel better than tracking my reduction through over payments - it also means my repayment that is in my monthly direct debit is more crunchy too