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The Mortgage Free in Three - Take 5 challenge (MFiT-T5)
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Thank you for the updated chart Trix-a-Belle. Good luck for 2020 everyone. XMFIT -T5 #421
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Hi all
Just an update #28 mortgage now stands at £15000.00 thank you Trix I have submitted the updated form.MFWB#2
MFTT5 #28
Save 12k 2020 #1111 -
This month my mortgage has finally dipped below £60,000. I’m really proud of myself! For the first time it feels real that I might actually manage this. I couldn’t have got this far without the support and advice of you lovely lot. I’ve started a mortgage free diary to keep myself on track, and will be money saving as much as I can to make the dream a reality. It’s getting closer!
“Just keep swimming, swimming, swimming” 🐠https://forums.moneysavingexpert.com/discussion/6098084/discount-duck-s-quest-for-mortgage-freedom#latest5 -
Hope the madness hasn’t affected anyone’s MF goal too badly.Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
% of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
MFiT-T7 #21
MFW 2025 #2
MF Date: Oct 37 Feb 373 -
Hi,
just submitted a chart update mortgage now 149500 and really happy to get under 150k.
Hope everyone else is OK.Mortgage Aug 2019 161,000 :eek::eek::eek:Nov 2019 156,500:T Jan 2020 153,122:T, Apr 2020 149,500, Apr2021 139, 675, Oct 2021 136,823, Dec 2021 136,120🙂EF 0/12,000 (0%)😕 (5062.44 was ERC), Jan 2023 128,650. Our Mortgage is never going to be as high as it is today. :jOnwards and downwards to a better life for our family. :jJust keep swimming3 -
good to hear from you both i'm just hunkering down & hoping for the best here- Mortgage: 1st one down, 2nd also busted
- Student Loan gone
Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps4 -
#14 reporting in. Not reported since September as I had to take some money from the mortgage. I'm now back on track with a balance of $509,999. I'm hoping that next time I will be in the $499's. Hope that everyone is safe and well x2
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Hope everyone is staying safe in these strange times!#6 reporting in, the mortgage is now down to £699, with £49,208 paid off since the start of MFiT-T5. I'm now treading water until the early redemption fee expires in early June and i'm done - just two regular monthly payments of a touch under £300 in May and June (plus an obsessive tiny overpayment to bring the mortgage to a nice round number afterwards!), then a final overpayment to wrap up any residual interest and close the damn thing. So by next update I'll be done
Monthly interest is now around £2 a month - when I started in 2006 it was a bit over £30 a day!
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Congratulations Lomcevak - A fantastic achievement!2022 Target - Reduce new mortgage balance after house move - Part 1 (Ported) Starting balance £39,982.12 currently £37,242.19 Part 2 Starting Balance £101,997.88 currently £96,197.38 (as at 19/04/2022)3
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thanks for the updates coming through for Chart 5, stay safe in the current climate everyone. remember its a marathon not a sprint and being on the wagon with a plan that may not be achieved is perfectly acceptable, the main thing is having a plan- Mortgage: 1st one down, 2nd also busted
- Student Loan gone
Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps6
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