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

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  • I'll do the chart updates & release later but i'm now a provisional £0, just sent the money so got to sit on my hands and wait for confirmation.
    its a big weight off my mind after the last few years & additionally the last month or so
    Well done!!! That must be an amazing feeling! 
    MM
    x
    Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
    Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
    MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000

    01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41

    Debt at highest point in 24 -£21,344
    Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!
  • I'll do the chart updates & release later but i'm now a provisional £0, just sent the money so got to sit on my hands and wait for confirmation.
    its a big weight off my mind after the last few years & additionally the last month or so
    That's absolutely amazing news!  I hope you get the confirmation soon!
    01.05.2019 - Re-Mortgage - £142,000 :eek::eek::eek: Total overpaid to date: £15,584.33.
    MFW #52 £9000/£12000
  • Congratulations triix-a-belle  :)
    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)£
  • Wow, well done Trix-a-belle, what an accomplishment! 🎉
  • Cheery_Daff
    Cheery_Daff Posts: 17,155 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Wouldn't we all trix-a-belle! :open_mouth::joy: You've done so well!! 

    Thanks for the chart :smile: delighted that I am now in the green, at 71.04% of my target, woo hoo! Only about £8k to go - is the end of the challenge a year away? We're currently paying £1500 a month to the mortgage (almost £600 a month overpayment) so we should easily make the target, hooray! 
  • trix-a-belle
    trix-a-belle Posts: 1,532 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    yep 1 year left!
    there are some amazing figures posted & any progress no matter how small is brilliant given how we've all been turned upside down
    - Mortgage: 1st one down, 2nd also busted
    - Student Loan gone
    Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps
  • Lumiona
    Lumiona Posts: 259 Forumite
    Seventh Anniversary 100 Posts Name Dropper Photogenic
    Great chart, £1.6m repaid that's an incredible amount of money.
  • ajmoney
    ajmoney Posts: 6,466 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I never expected to be in green through any of this challenge when I set my target.  Not only am I in green today but it looks likely I will hit my target.
    MFW 2025 No. 7 £1130/£1200
    MFiT-T7 No. 6 £2873.51/£30,000
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