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

Mortgage_Minimiser

I have provided my October update. I'm behind target by about 9k, due to redundancy last year, but i will see what i can make up over the next few months. Regardless of that, I'm still way further ahead of where I would have been had I not joined, so bring on the next Challenge

MM
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twinklie

I didn't OP in August or September, but I've done another £200 this month and am back on the wagon. 

violetblue

I've just submitted my update - only £1000 left to go, sooooo close!

It's very tempting to pay it off from savings, but I'm holding back for now because of a couple of upcoming expenses... it will definitely be gone by the end of this year though!

Congratulations to those who have completed their challenge!

Ellie78

#58 - just submitted my update, sorry it's a day late!

Cheery_Daff

Ooh, well done everyone! We are all making such good progress! 

I've not made any OPs for a few months now as we're having building work done and all spare dosh is going to replace savings for now.

However, I was delighted to find that I've actually met my target! Target was to get mortgage under £180,000, and I'm now at £179,904.39.

Can't wait for the next challenge. Looking at my spreadsheet I should be at just over £157,000 by the end of it with no OPs - shall I aim for under £150k? That's about £2300 OP a year - might try to be a bit more ambitious...

trix-a-belle

I thought ooh thats coming up & then the date zipped by!

Lots of amazing results
Chart 11!!!

Poppycat1

Thanks for all your work @trix-a-belle.  It's appreciated.

muppets

Just sent an update, sorry it’s late and I’ve been absent from the thread for a while.x 

mummytummy

I’m really chuffed with how well I have done on this challenge as we didn’t get our mortgage til October 2019 so for me it will have been a 2yr 3 month challenge 😂 

Thank you trix-a-belle for running this it has really motivated me to bring our mortgage down, looking forward to the next one to start already 😂

violetblue

I'm so pleased to report that I've just paid off the last little bit, and I am now mortgage free!

It's all thanks to this thread really, it provided the extra motivation I needed to get it all gone as soon as possible.  Thank you trix-a-belle for keeping track, it has made such a huge difference to me!

Now to come up with some savings goals to keep the motivation going!