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

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  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 15 January 2021 at 9:54PM
    First OP of £62.06 made so the mortgage now ends 00.00. :smiley: You gotta celebrate the small things. 
    I'm hoping this and a few cheeky updates between now and the end of last year might have me nearly in the green...I've never been far off. 
    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 37
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Sent my update. My first OP of 2021 has been sent and I'm super excited to see where I end up. I'm hoping to have gained ground and be nearly green. I'll be so excited when I go green. I don't think I'll make it this time, but I think I should do it for the one after...maybe. 
    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 37
  • Lumiona
    Lumiona Posts: 259 Forumite
    Seventh Anniversary 100 Posts Name Dropper Photogenic
    Just sent my update. Last one in the £70k's. Due to send full 10% op at the end of the month.
  • Just submitted my update, it seems to come round quicker each time!  I think I've just squeaked into the green again... down to the last few thousands now!  Every month as I do my payday money shufflings I am so tempted to pay the last bit off from savings, and every month I talk myself out of it again!  Aiming to have it all paid off by the end of this year.
    MFiT-T5 #52 - aiming to clear mortgage completely
    January 2019: £19620 ~ November 2021: £0.00!
  • Submitted my update, not doing too well this past year but got a year left to pull it back  :) Looking forward to seeing how others have done  :)
    MFiT-T7 #17 (Jan 2025) £193k (Apr) £177k (July) £
    SPC 18 #6 £315.70(04/08/25)

    SPC’s (1)£27.19 (2)£728 (3)£1471 (4)£357 (5)£435.18 (6)£1114.92 (7)£1492 (8)£392 (9)£1952 (10)£1866.65 (11)£1177.74 (12)£1445.39 (13)£1608 (14)£603.30 (15)£672 (16)£2563 (17)£1300 (18)£
  • Submitted my January 2021 update. I should be on target to beat my original target of £30,000 remaining and be around £22,000 or lower by January 2022. Good luck everyone with your goals! :)
    Aiming to early retire December 31st 2026.
  • CathT
    CathT Posts: 7,133 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Can't quite believe it's update time, we really are flying through these updates.
    June 2025 - part 1 - £19,145 part 2 - £21,973 Total - £41,118 29 months to go!
  • trix-a-belle
    trix-a-belle Posts: 1,532 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    tell me about it Cath!!! i'm sure i've only slept about a dozen times since the last one and kicked the whole thing off the other month :lol:
    - Mortgage: 1st one down, 2nd also busted
    - Student Loan gone
    Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps
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